Prosper personal loans: APR, fees and requirements
What Prosper publishes about its personal loans (8.99% to 35.99% APR), checked on the lender’s own pages, and how its starting rate compares with the other lenders on our list.
| Lender type | Online lender |
|---|---|
| APR range | 8.99% to 35.99% |
| Loan amounts | $2,000 to $50,000 |
| Repayment terms | 24 to 72 months |
| Origination fee | 1% to 9.99% |
| Minimum credit score | Not published |
| Funding time | As soon as 1 business day following acceptance, verification and final approval |
How the lender states its rates: “Personal loans through Prosper have an annual percentage rate ("APR") of 8.99% to 35.99%, terms between two and six years, and an origination fee from 1% to 9.99%.”
How the starting rate compares
The lowest advertised APR, 8.99%, ranks 21 of 33 among the lenders on our list (1 is the lowest). The Federal Reserve's average for a 24-month personal loan at commercial banks was 11.90% (August 2026). Only borrowers with strong credit get a lender's lowest rate.
Similar lenders
Achieve
Online lender
- APR
- 6.25% to 35.99%
- Loan amounts
- $5,000 to $50,000
- Origination fee
- 1.99% to 9.99%
Avant
Online lender
- APR
- 9.95% to 35.99%
- Loan amounts
- $2,000 to $35,000
- Origination fee
- Varies
Best Egg
Online lender
- APR
- 6.99% to 35.99%
- Loan amounts
- $2,000 to $50,000
- Origination fee
- 0.99%-9.99%
Checked on October 16, 2026 on the lender's website. Rates and terms change: confirm before you apply. prosper.com/personal-loans