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Established Member
Posts: 20
Registered: ‎10-05-2013

Prosper Loan- how long for docs?

So I filled out the Prosper loan for $30K.. and was approved for 15K at 15%.  Not a GREAT rate, but like other said, much better than the credit card rate!

 

Yesterday I was asked to submit a voided check, W2, paystubs and proof of ID.  I emailed it within 30 minute, but nothing has been verified yet, except the bank account.  How long might I expect to stay at this stage, awaiting document verification?

 

I also tried Lending club-they will give me 12.5K but at 28%!!! No thanks :smileyhappy:

Bouncing back from BK '09
10/2012: 641(EQ) 636(TU) 624(EX) - lender pull
04/2014: 668(EQ) 680(EX) 660(TU) - lender pulls for re-fi
11/2014 myfico 671EQ, 662TU, 698EX
Goal: 700+ all 3 by March 2015
Established Member
Posts: 20
Registered: ‎10-05-2013

Re: Prosper Loan- how long for docs?

Finally after sitting in verification stage 1 for 9 days, I went to fully approved and should expect funds next week! :smileyhappy:

Bouncing back from BK '09
10/2012: 641(EQ) 636(TU) 624(EX) - lender pull
04/2014: 668(EQ) 680(EX) 660(TU) - lender pulls for re-fi
11/2014 myfico 671EQ, 662TU, 698EX
Goal: 700+ all 3 by March 2015
Moderator
Posts: 26,775
Registered: ‎09-13-2012

Re: Prosper Loan- how long for docs?

Get a myFICO recommended credit card

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