Take Control of Your Finances
At Prosper, we are a company that has been dedicated to providing financial solutions to individuals for nearly 20 years. We were founded in 2005 as the first peer-to-peer lending marketplace in the United States. Over the years, we have facilitated over $27 billion in loans to over 1.7 million people. Our mission is to provide a range of financial solutions designed to support individuals in consolidating debt, financing home improvements, covering healthcare costs, and enhancing their overall financial well-being.
Our Services
At Prosper, we offer a variety of financial solutions that cater to the needs of our customers. Whether you're looking to consolidate debt, finance a home improvement project, or cover unexpected medical expenses, we have a solution for you. Our services include:
- Personal Loans: We offer personal loans ranging from $2,000 to $50,000 to help you achieve your financial goals. You can use our loans to consolidate debt, finance a home improvement project, or cover unexpected medical expenses.
- Credit Card: Our credit card offers a credit limit of up to $3,000 and comes with zero fraud liability and no security deposit required.
- Home Equity: If you own your home, you can leverage your home's equity to access a low-rate HELOC or HEL loan of up to $500,000.
- Investments & IRAs: We also offer investment opportunities in personal loans with average historical returns of 5.7% and Empower real people by investing in personal loans.
- Resources: Our resources include calculators, educational content, and blog posts to help you make informed financial decisions.
Security
We take the security and privacy of your information very seriously. We use 256-bit encryption to keep your information safe and secure. We also comply with all applicable federal laws and regulations to protect our customers' information.
About Our Company
We are a company that is committed to transparency and customer-centricity. We have an A+ rating from the Better Business Bureau and serve on the Board of Directors for the American Fintech Council. Our team is dedicated to providing exceptional customer service and supporting our customers in achieving their financial goals.
Red Flags and Negative Experiences
Several reviewers shared their negative experiences with Prosper, citing issues with high turnover, poor customer service, and harassment. Many reviewers expressed frustration with the company's loan process, stating that they were not provided with accurate information or were subjected to repeated calls and emails.
Harassment and Aggressive Marketing
Several reviewers reported receiving multiple calls per day, often from unknown numbers, making it difficult to manage their daily lives. Some reviewers felt harassed, stating that they were being pressured to take out additional loans or were being asked to make early payments.
Disorganization and Poor Communication
Some reviewers reported issues with their loan approvals, with one reviewer stating that their account was suspended without reason. Another reviewer experienced difficulties communicating with the company, stating that it was difficult to reach a real person.
Limited Positive Experiences
Only one reviewer, Ali H., had a positive experience with Prosper, stating that the company was upfront about costs and interest rates. Another reviewer, Jimmy Lobrigo, reported that the loan process was easy and that he was accepted for a loan when others had denied him.
Be the first to review Prosper.
Write a Review
