Thank you for choosing Prosper again. There is a minimum waiting period of nine complete months before you can apply for another loan. For your reference, your credit score at the time of your new loan request must be at least 640. In addition, any outstanding loan through Prosper will be included as part of your $40,000 total loan limit.
Other requirements to to be aware of when considering an additional loan through Prosper:
- Your active loan must be current and in good standing.
- No late payments can be on record within the last 60 days for any active loans.
- You must not have a payment that was more than 15 days late on an active loan within the last year.
- No more than 2 returned loan payments can be on record within the last 3 years.
- A minimum number of nine complete months must have passed since your last loan was originated.
- If you have more than one loan, each loan may have a different payment due date. Your loan payments cannot be combined.
Please note, meeting all of the requirements listed above does not guarantee that you will be approved for your additional loan request.