Also known as: Prosper Joint
Prosper allows joint personal loan applications through its marketplace lending platform. A joint application means two borrowers apply together and are equally responsible for repaying the loan. Both applicants are assessed during underwriting based on their credit profiles and income, and the loan appears on both credit reports.
Adding a second applicant with stronger credit, higher income, or lower existing debt may improve the terms available compared to what either borrower could obtain individually. This can be useful for couples or household members who want to pool their financial profiles to access better loan terms for debt consolidation or other purposes.
Both parties on a joint application must fully understand that they share equal legal responsibility for the loan. Missed or late payments will affect both credit profiles, and the lender can pursue either party for the full outstanding balance in the event of default. This is an important commitment that should not be entered into lightly.
Prosper personal loans are unsecured and can be used for debt consolidation, home improvement, medical bills, major purchases, and other personal needs. Prosper charges an origination fee that is deducted from the loan amount. Review the full annual percentage rate, origination fee, and total repayment amount before accepting any offer.
For complete product details on Prosper personal loans, joint application requirements, and current terms, review the main Prosper listing or visit Prosper's website directly. Compare Prosper's offer against quotes from credit unions and other online lenders before committing. Prosper loans are originated by WebBank, which is FDIC-insured.
Quick info
Personal Loans
Prosper Joint
Not verified
Not verified
2026-06-06
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Joint personal loans via peer-to-peer marketplace
Additional notes
Both applicants are equally responsible for repayment.Review scores are third-party public indicators only. They are not a recommendation or endorsement by Ask Fin and are not a measure of product suitability for your circumstances.
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Date checked
2026-06-06
How do I make a complaint about Prosper (Joint Application)?
Start with Prosper (Joint Application)'s internal complaints process. If unresolved, you can submit a complaint to the CFPB at consumerfinance.gov/complaint. Depending on the type of company, your state attorney general or banking regulator may also be relevant.
Is Prosper (Joint Application) regulated in the US?
Use the NMLS Consumer Access tool at nmlsconsumeraccess.org to check licensing. For banks, check the FDIC BankFind Suite. For credit unions, check the NCUA Credit Union Locator. Ask Fin includes regulatory reference numbers where publicly available.
How do I find Prosper (Joint Application)'s official contact details?
Always use the contact details on the company's official website. Do not use numbers or emails received in unsolicited calls or messages. Verify the website by checking the NMLS or FDIC/NCUA databases if in doubt.
What should I do if I think Prosper (Joint Application) has treated me unfairly?
Document everything in writing. Contact the company's complaints team first. If not resolved, submit a complaint to the CFPB or your state attorney general. The NFCC (1-800-388-2227) can provide free guidance for debt-related issues.
Where can I get free help with a Prosper (Joint Application) issue?
Contact the CFPB (consumerfinance.gov), call 211 for local resources, or contact the NFCC (nfcc.org or 1-800-388-2227) for debt and budget help. For legal issues, Legal Services Corporation (lsc.gov) provides free legal aid.
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