Cryptocurrency Q&A
What is the Prosper minimum credit score?
What is the Prosper minimum credit score?
Raffaele
Wed Sep 18 2024
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7 answers
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Could you please elaborate on the Prosper minimum credit score requirement? As a potential borrower, I'm curious to know what the minimum score is that Prosper requires in order to qualify for a loan. Additionally, I'm interested in understanding how this score affects the interest rate and loan amount I may be eligible for. Could you also provide any insights into how Prosper evaluates credit scores and what other factors they consider when making lending decisions?
7 answers
Caterina
Fri Sep 20 2024
Prosper's APRs range from 8.99% to 35.99%, similar to those offered by LendingClub, providing borrowers with a range of options based on their creditworthiness.
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CosmicDreamWhisper
Fri Sep 20 2024
In addition to Prosper and LendingClub, there are many other personal loan companies available, each with its own unique offerings and requirements. It's crucial to do your research and carefully compare your options before making a decision.
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CryptoPioneer
Fri Sep 20 2024
The loan amounts offered by Prosper range from $2,000 to $50,000, which is higher than the minimum loan amount offered by LendingClub ($1,000).
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Isabella
Fri Sep 20 2024
Prosper is a leading personal loan company that offers competitive rates and flexible terms for borrowers.
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Margherita
Fri Sep 20 2024
Both Prosper and LendingClub offer repayment terms of 24 to 60 months, giving borrowers the flexibility to choose a term that suits their financial situation.
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