Online Loans for Members of the Armed Services...
Peer to Peer ("P2P") Lending allows groups of people to fund loans to borrowers - without banks!
If you find yourself in need of a financial lifeline, our members - your fellow service members - can help you.
- Online military loans from $1,000 to $25,000.
- No early payment penalties, no upfront fees, no tricks.
- You can check your rate before you take out your loan.
- Loan rates range from 5.93% to 35.64%, depending on credit.
- Checking your rate will not hurt your credit score (soft pull).
You will be borrowing from individuals who have come together to fund military borrowers at fair rates.
Your loan rate will be set according to your individual credit score. Your monthly loan payment will be automatically collected from your bank account and distributed to your lenders. Your payment will always be the same amount each month. Your loan can be paid off in full, with no penalty, at any time you choose.
We believe in supporting military members by providing transparent and non-predatory financial services.
We also believe in making money. Our loans are not interest free, but we bet they beat your bank's rates!
If you wish to make military loans to military members, from any particular branch of the military services, you can join up online, in about 5 minutes, and with an initial investment of as little as $25 per military loan.
* All personal loans by Prosper.
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