The credit score you need for a Prosper® Card is 640 or higher. That means people with at least fair credit have a shot at getting approved for this card.
Other things you need for a Prosper® Card
You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Prosper® Card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.
Since all these criteria are taken into consideration, you might be able to get approved with a slightly lower credit score. But it’s best to wait to apply until you meet the Prosper® Card credit score requirement. You can check your credit score for free on WalletHub.
The starting credit limit for the Prosper® Card is $500 or more; everyone who gets approved for this card is guaranteed this limit. However, depending on your credit standing, you could get a much higher credit limit. The higher an applicant’s credit score and income are, the higher the starting credit limit is likely to be.… read full answer
Keep in mind that you can ask to get a credit limit increase by calling the Prosper customer service at the number you see on the back of your card. But it’s best not to do that more than once a year. Prosper will also evaluate your account periodically to determine whether you are eligible for a credit limit increase. Paying on time and keeping your credit utilization low are key for getting unsolicited credit line increases with Prosper.
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