How to Get a Loan

3. Receive your money

Once your listing is fully funded, the funds will be deposited directly into your bank account within a few days.

Prosper/BACF may conduct a final identity verification before funds are released.

4. Make monthly payments

Prosper/BACF will make monthly automatic withdrawals from your bank account in the amount of your agreed upon monthly loan payment.

If you choose, you may make an optional additional loan payment or pay off your loan early without penalty. If you make your payment with a paper check, manual check fees will apply.