Compare 6 sites similar to Prosper for personal loans | finder.com

Compare sites like Prosper

This peer-to-peer lender could get you up to $40,000 to consolidate your debt, start a business, improve your home and more.

Last updated:

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

This peer-to-peer (p2p) lender offers investor-funded loans with a quick online application for a wide range of uses. APRs start low — though slightly higher than some of the competition — ranging from 6.95% to 35.99% . You can borrow between $2,000 and $40,000 with terms of 3 or 5 years . Typically it takes 1 to 3 business days to get your loan.

Pros

  • Offers loans for a variety of purposes.
  • Low starting APRs.
  • Simple terms of 3 years or 5 years.
  • Fast turnaround for a p2p lender

Cons

  • Loans capped at $40,000.
  • Offers only two fixed term lengths.
  • Not available in Iowa, North Dakota, or West Virginia.

Looking for a lender with more flexible terms?

Alternative sites like Prosper

Click here to see Prosper


lendingclub logo

1. LendingClub

Apply for an unsecured personal loan of up to $40,000 with LendingClub.

Pros

  • No prepayment penalties.
  • Lower starting rates: 6.95% to 35.89% APR
  • Loans as small as $1,000

Cons

  • Higher rates for poor credit borrowers.
  • Unavailable to Iowa and West Virginia residents.
  • Long turnaround: As few as 3 days

Go to the LendingClub website


Sofi personal loans logo

2. SoFi

If you have a good to excellent credit score, SoFi can get you fast funding with low interest rates and no fees.

Pros

  • High maximum loan amount of $100,000.
  • Free credit counseling and unemployment protection.
  • No fees.

Cons

  • Strict eligibility requirements.
  • Not available in Mississippi.
  • Lower approval rate than other lenders.

Go to the SoFi website


NetCredit personal loans logo

3. NetCredit

NetCredit offers unsecured personal loans up $10,000 that could help you rebuild your credit, even if you have a low credit score.

Pros

  • Quick turnaround time with flexible repayments.
  • Fair credit OK.
  • No early repayment fees.

Cons

  • Higher APRS from 34% to 155% (Varies by state)
  • Low maximum loan amount.
  • Loans available in 14 states only.
  • Stiff late fees could apply.

Go to the NetCredit website


OneMain logo

4. OneMain Financial

In business for over a century, OneMain Financial provides secured and unsecured loans for a variety of purposes.

Pros

  • Offers both secured and unsecured loans.
  • Allows joint applications.

Cons

  • Higher starting APR: 18% to 35.99% .
  • Origination fees vary by state.
  • Low maximum loan amount.

Go to the OneMain website


Avant personal loan logo

5. Avant

Avant offers personal loans with funds deposited into your account as soon as the business day after approval. Learn about similar online lenders.

Pros

  • Quick approval and funding.
  • Pay no fee for early repayment.
  • Reports to the three major credit bureaus to help build your credit.

Cons

  • Maximum loan amount varies by state.
  • May not be available in all states.
  • Potentially high origination fees if approved.

Go to the Avant website


Upstart logo

6. Upstart

This newer online lender considers things like your education and career path when considering you for its unsecured, fixed-rate loans.

Pros

  • Good for younger borrowers with limited credit history.
  • Offers a variety of loans with one simple application.
  • Pay no fees for early repayment.

Cons

  • High origination fees of up to 8% rolled into loan.
  • Slightly higher starting APR: 7.98 to 35.99%
  • Additional fees for paper copy requests and late payments.

Go to the Upstart website


Our top pick: Prosper Personal Loans

  • Min. Credit Score Required: 640
  • Min. Loan Amount: $2,000
  • Max. Loan Amount: $40,000
  • APR: 6.95% to 35.99%
  • Requirements: Must be 18+ years old, an American citizen or US permanent resident and have a 640+ credit score.
  • Varied loan amounts
  • No prepayment penalties
  • Online account management
  • Quick turnaround
  • Flexible loan terms

Our top pick: Prosper Personal Loans

Borrow only what you need for debt consolidation, home improvements and more — with APRs based on overall creditworthiness.

  • Min. Credit Score Required: 640
  • Min. Loan Amount: $2,000
  • Max. Loan Amount: $40,000
  • APR: 6.95% to 35.99%
  • Requirements: Must be 18+ years old, an American citizen or US permanent resident and have a 640+ credit score.
Promoted
Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site