About Us  > Blog

All sorts of people looking for loans on Prosper.com

by Prosper on 08/11/09

There are all sorts of people looking for loans on Prosper these days. Many want to pay down their debt. In fact US households are paying down debt for the first time since 1952 according to the Federal Reserve. This is the fifth month consumers have paid down their credit cards and cut other debt as they try to balance their battered retirement funds and other savings.

As you view all the listings, you will find a wide variety of borrowers asking for a loan to pay down their debt by getting rid of those high interest credit cards and transferring their debt to a fixed monthly payment at a better rate.
Debt is universal. People from all different backgrounds and in so many circumstances may find themselves in need of a helping hand to get themselves out of debt or to help them improve their lives. With Prosper, you can provide that helping hand. 

 

Here is a listing where a borrower is asking for a second loan after a 60 point improvement in her credit score since the last loan. She wants to pay off some debts so that she can purchase a camcorder to expand further in the adult entertainment industry.
http://www.prosper.com/invest/listing.aspx?listingID=420065

 

 

Another listing cites the loan being used to pay off the final credit card. Congratulations! This second time borrower has a 60 point improvement in their score since the last loan.
http://www.prosper.com/invest/listing.aspx?listingID=420257

 

 

 

This Police Officer is also asking for a loan to pay off his credit cards. He could consolidate his debt onto one card, but he wanted to try Prosper first. Because Prosper offers fixed rate loans, borrowers can trust that the rate will not change after the loan is funded. And that is a real benefit to our borrowers in at a time when variable rate mortgage loans and credit cards are the norm.
http://www.prosper.com/invest/listing.aspx?listingID=419928

 

Remember that all Notes on Prosper are offered by Prospectus.
Why don’t you check out these loans, and so many more like them from people of all types and from all walks of life. With Prosper, you can help these Americans get out of debt.



posted in Featured,Lenders,Prosper News 1 comment »

Connect with us

Search

Lenders

PROSPER HITS ANOTHER RECORD: $100 MILLION IN APRIL ORIGINATIONS

By Prosper on 05/1/14   [ 3 ]

Just one month after announcing that we crossed $1 billion dollars in loans, I’m happy to report that we’ve hit another significant milestone. In April, a record $100 million in loans was originated through the platform. This is up 400% from one year ago and 30% month-over-month. More importantly, it is indicative of the incredible [...]

Read More

Prosper Gives Back: A Social Timeline Recap

By Prosper on 04/10/14   [ 0 ]

As of yesterday, the Prosper Gives Back campaign has come to a close. After hitting our $1 billion dollar mark, we connected with the whole Prosper community, we spoke with you guys, and we celebrated our butts off! While giving out $2,000 a day was exhilarating and fun, the greatest reward to us was hearing [...]

Read More

Prosper Crosses $1 Billion in Loans Funded

By Prosper on 04/3/14   [ 0 ]

Today is a huge day for Prosper. We crossed over the $1 billion mark in peer-to-peer loans. Its been a long road since the first loan in 2006. Since then the $1 billion dollars issued through Prosper went towards helping people fix their debts, pay medical bills, chase their dreams, and much more. The greatest [...]

Read More

« Older Entries

Monthly Archive


Notice: Blogs and other materials posted on or linked from this page that use the name "Prosper" generally use that name to refer to Prosper Marketplace, Inc. if published before January 31, 2013 and to refer to Prosper Funding LLC if published on or after February 1, 2013.