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17-Apr-2020 12:28

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For the So Fi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly.

APRs for variable rate loans may increase after origination if the LIBOR index increases.

In order to be eligible for a second Best Egg loan, your existing Best Egg loan must have been open for at least four months.

Total existing Best Egg loan balances must not exceed ,000.

Disclaimer For example, a three-year ,000 loan with a Prosper Rating of AA would have an interest rate of 5.31% and a 2.41% origination fee for an annual percentage rate (APR) of 6.95% APR.

You would receive ,759 and make 36 scheduled monthly payments of 1.10.

Rates will vary based on many factors, such as your creditworthiness (for example, credit score and credit history) and the length of your loan (for example, rates for 36 month loans are generally lower than rates for 72 month loans).

Your maximum loan amount may vary depending on your loan purpose, income and creditworthiness.

The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.

The minimum individual annual income needed to qualify for a loan of ,000 is 0,000.