Does Prosper approve bad credit?
Could you please clarify for me if Prosper, as a lending platform, has a policy of approving loans for individuals with poor credit scores? I'm curious to know if their lending criteria include making exceptions or accommodations for borrowers who may not have the strongest credit history. Understanding their stance on this matter would help me gauge the accessibility of their services for a wider range of borrowers.
Does using Prosper hurt your credit?
I've been considering using Prosper as a way to access funding for a personal project, but I'm a bit concerned about how it might affect my credit score. Can you tell me if using Prosper can potentially harm my credit? Are there any specific factors that Prosper considers when determining creditworthiness, and how does this process compare to traditional lending institutions? I'd appreciate any insights you can provide to help me make an informed decision.