Can anyone invest in Prosper?
I'm wondering if Prosper is open to investments from anyone, or if there are specific requirements or restrictions in place.
What is the minimum credit score for Prosper?
What is the threshold credit score that Prosper requires for an individual to be eligible for a loan through their platform? Is there a specific number that borrowers must meet or exceed in order to be considered for financing? Additionally, does Prosper take into account other factors beyond just credit score when assessing the creditworthiness of potential borrowers?
How long does it take for Prosper to approve a loan?
Hello there, I'm curious to know about the timeline for loan approval on Prosper. Can you tell me how long it typically takes for Prosper to review and approve a loan application? Is there a specific timeframe that borrowers can expect, or does it vary based on certain factors? I'd appreciate any insights you can provide on this matter.
Can I cancel a loan from Prosper?
I understand that Prosper offers a platform for peer-to-peer lending, allowing individuals to borrow and lend money. However, I'm curious about the flexibility of their loan agreements. Can you clarify if it's possible for a borrower to cancel a loan from Prosper after it's been approved and funded? Are there any specific conditions or penalties associated with canceling a loan? Additionally, how does this process compare to traditional lending institutions where loans are often more rigidly structured?
Can I trust Prosper?
I'm considering investing in Prosper, but I'm hesitant due to the risks involved in the cryptocurrency and finance industry. Can you provide me with some insights on whether I can trust Prosper as a reliable platform for my investments? What measures does Prosper take to ensure the safety and security of its users' funds? Are there any red flags or potential risks that I should be aware of before making a decision? I'm looking for a comprehensive and unbiased assessment of Prosper's reputation and performance in the market.