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Payday Advance vs Prosper: Personal Loans

A side-by-side look at Payday Advance and Prosper: Personal Loans. For an in-depth review of either product, follow the links below.

Payday Advance

Payday Advance

Business & Commerce

Payday Advance is a type of small, short-term loan that is intended to cover unexpected expenses until the borrower's next paycheck. Payday loans typically have high interest rates and fees.

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Prosper: Personal Loans

Prosper: Personal Loans

Business & Commerce

Prosper is an online marketplace for personal loans. Borrowers can apply for fixed-rate, fixed-term personal loans between $2,000 and $40,000. Loans are funded by individual and institutional investors who earn interest based on the borrower's credit risk.

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