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Prosper Loan questions

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Cali_Credit
Frequent Contributor
‎12-24-2014 11:45 AM
‎12-24-2014 11:45 AM

Prosper Loan questions

I'm have question related to the Prosper verification process and approval. I was pre-qualified for a loan at 8.99% and I'm wondering how loan the process takes to fund and what documents will I be required to send in? Also I have read that prosper does not report to the loan to the 3 major credit bureau's and I want to know if that is accurate information? If anyone has a loan with prosper, please chime in. Thanks

Current Fico's: TU 797 / EQ 785 / EX 775
Wallet: US Bank Business Edge $16,000 I Chase Ink $18,500 | US Bank Cash + Visa Sig $15,000 | Amex PRG NSL | Barclay Arrival+ WMC $10,000 l Amex BCP $20,000 | PenFed Visa Sig $9,000 | DCU Plat. $10,000 | Logix $10,000 | Discover $18,900 | WalMart $10,000 | Paypal MC $15,000 | Barclay NFL $3,400 | Cap 1 Quicksilver WMC $34,500 | J C Penny $5000 | Target $2000 13 Personal & 2 Business CreditCards
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Cali_Credit
Frequent Contributor
‎12-24-2014 05:15 PM
‎12-24-2014 05:15 PM

Re: Prosper Loan questions

Well I took the dive and loan was funded within 5 mins of going live but pending income Verifcation. Since I'm off for the holidays I won't be submitting a paystub until I return to work.
Current Fico's: TU 797 / EQ 785 / EX 775
Wallet: US Bank Business Edge $16,000 I Chase Ink $18,500 | US Bank Cash + Visa Sig $15,000 | Amex PRG NSL | Barclay Arrival+ WMC $10,000 l Amex BCP $20,000 | PenFed Visa Sig $9,000 | DCU Plat. $10,000 | Logix $10,000 | Discover $18,900 | WalMart $10,000 | Paypal MC $15,000 | Barclay NFL $3,400 | Cap 1 Quicksilver WMC $34,500 | J C Penny $5000 | Target $2000 13 Personal & 2 Business CreditCards
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Anonymous
Not applicable
‎12-26-2014 06:06 PM
‎12-26-2014 06:06 PM

Re: Prosper Loan questions

They report to Trans Union and Experian. Not Equifax. Once I submitted all my documents my loan was fully approved within a couple days. The money was deposited into my account just a couple days after that. It was maybe three days at the very most but I think it was just two. The whole process was very fast and easy. I took pictures of my documents with my phone and emailed them.
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