prosper reviews for investors | BTCC Knowledge

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Is Prosper a good company?

Prosper also has an A rating with the Better Business Bureau. Most of the negative reviews on TrustPilot and the Better Business Bureau highlight Prosper's exorbitant fee structure. Other complaints note inconsistent communication and borrowers having a hard time getting approved.

Is Prosper a good peer-to-peer lender?

As a peer-to-peer lender, Prosper also lets you play the role of investor, browsing funding borrower loans in exchange for a nice trickle of interest. Prosper boasts that the average historical returns for their investors since 2009 have reached 5.8% APY, up from 5.1% a few years ago.

Is Prosper a personal loan?

Prosper is a peer-to-peer lender. That means they match up people who need to borrow money with people willing to loan out their cash. The loans are unsecured. That means the people who borrow money promise to pay back the loans but they aren’t required to provide collateral. It’s a personal loan.

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