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Prosper

Personal loan investing

$25 minNon-AccreditedPrivate CreditIRA Eligible
Visit Prosper →
$20B+
Total Invested
1M+
Investors
$25
Minimum Investment

Overview

Prosper is a peer-to-peer lending platform where investors can earn returns by funding personal loans. With over $20 billion in loans originated, Prosper provides tools to build diversified loan portfolios.

Key Information

  • Founded: 2005
  • Asset Class: Private Credit
  • Minimum Investment: $25
  • Accreditation Required: No
  • IRA Eligible: Yes
  • Secondary Market: Yes
  • Distribution Frequency: Monthly

Fees & Costs

  • Management Fee: 1% annual servicing fee
  • Performance Fee: None
  • Other Fees: None

Pros & Cons

✓ Pros

  • • Low $25 minimum
  • • Monthly income
  • • IRA eligible
  • • Established platform

✗ Cons

  • • Default risk
  • • 1% fee
  • • State restrictions
  • • Returns compressed

Best For

  • ✓ Income investors
  • ✓ P2P investors
  • ✓ Small investors

Available On

Web

Regulations

  • • SEC Registered

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