This is the marketplace for high risk loans for people with bad credit or no credit. Using the Prosper marketplace, borrowers can ask for loans from a community. The community of lenders offers small amounts and bids on your loan until it is fully funded. No need to be at the mercy of a bank! Real people are lending you money! This site is for those people who have trouble getting a loan because of their credit, or their loan is rejected by a bank because it is deemed too risky. Sometimes your credit is damaged due to a divorce or accident. A condo in you and your spouse's name may have been foreclosed upon after a divorce and they stopped making payments without telling you. You may have been hospitalized due to injury, and were late with a few payments. Now the traditional lending institutions refuse to touch you with a ten-foot pole, even though you wholeheartedly intend to make good on your payments. Using state of the art personality tests, we will evaluate your loan request and totally disregard your credit score altogether. However, lenders will still want a higher interest rate. Thanks to Prosper's auction lending market, your loan will be bid upon by hundreds of other people like you, and with a good community track record of making timely payments, you will see your interest rate bid down lower and lower - even less than credit cards! You can use your loan to pay off high interest credit cards, to terminate the cycle of payday loans, or to try to get ahead in life with an addition to your business. However, if you are in a desperate situation, then a quick loan will not help you get out. When you are in a hole, it's best not to keep digging. Lenders prefer to see that you buy assets that help you pay the loan back, not doodads. So a loan for a new trailer for your lawn care business will get funded more easily than a loan for a new boat. In order to get started, please join Prosper and register as a borrower. Then come back here to sign up and take the personality test to be approved for the group. You will also need to fill in your financial statement to see what kind of loan you qualify for. Approvals take about a day.