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How does Prosper work?

April 26, 2017Prosper

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How does Prosper work?

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Prosper offers institutional investors a new way to invest in the consumer lending market, through selection of individual loans rather than participation in opaque securitization vehicles. Investors bid on borrower listings and purchase Notes from Prosper that are dependent for repayment on payments Prosper receives on the corresponding consumer loans. Lenders review the listings using credit data provided by Prosper and other information provided by the borrower, and select the loans they want to invest in. Learn more.