Prosper Fees

Delinquency Fees

$5 failed payment fee

If your automatic monthly payment fails due to insufficient funds or because you closed your bank account and forgot to tell us, you'll be charged $5, which may vary depending on your state lending limits. This fee is paid to Prosper, and covers the fees that Prosper's bank charges for failed payments.

Late payment fee

If your monthly payment is 15 days late, you'll be charged a late fee, which depends on your state lending limits. Late fees are passed on to lenders; Prosper does not profit from late fees.

Note: Delinquency fees may vary based on regulations from the borrower's state of residence. View state lending limits for state-specific fees.

Are there any other fees?

No. There are no other fees of any kind.