How to borrow at Prosper

Borrowing money through Prosper is fast and easy, and because you're borrowing from people, the rates may be lower than you'd expect!

1. Register with Prosper
Registration is quick and easy. And free!

2. Join a Group
Build lender trust by joining a trusted group.

3. Create a Loan Listing
Say how much you want to borrow, and what your maximum interest rate is.

4. Watch the Bidding
Lenders start bidding immediately - watch the funding go up and the interest rate come down!

5. You Win!
If your terms are met, your loan will be funded directly to your bank account.

6. Easy monthly payments
Your monthly loan payments are withdrawn automatically from your bank account.