Gudnip evaluates financial products through official sources such as financial institutions’ websites and blogs. Our goal is to provide transparent and simplified information, without the intention of misleading our users. We always recommend using the official website to make requests, ensuring the security of your data. Our community is constantly growing and our information is high quality and completely free. Our team is always ready to provide assistance, free of charge, and we have no ties to financial institutions. We are here to facilitate and improve your financial health. Count on us!

How do we ensure the accuracy of our website?

Gudnip evaluates financial products through official sources such as financial institutions’ websites and blogs. Our goal is to provide transparent and simplified information, without the intention of misleading our users. We always recommend using the official website to make requests, ensuring the security of your data. Our community is constantly growing and our information is high quality and completely free. Our team is always ready to provide assistance, free of charge, and we have no ties to financial institutions. We are here to facilitate and improve your financial health. Count on us!

How is the information provided to Gudnip handled?

Your information, when provided on the Gudnip portal, is stored with maximum security, following strict international protocols and standards. This includes the encryption of your data, from the moment you enter it in your browser until it is stored on our servers. Additionally, we perform audits and constant monitoring to prevent any unauthorized access attempts or other threats. Additionally, we strictly comply with the Personal Data Protection Act (PDPA) to protect your information.

Is the use of Gudnip services and tools free?

Certainly! All recommendations are provided free of charge, Gudnip does not feature any paid content, being exclusively an information service.

Why does Gudnip ask for my name and email?

Our goal is to keep our readers always up to date with the best financial guidance. To do this, it is essential that you remain connected to our system and carefully follow the recommendations.

Prosper Credit Card - Gudnip

Prosper Credit Card

Flavia Rozinholli
July 29, 2024

Anúncios

The Prosper credit card is an excellent choice for those looking to improve their financial health. Available for various credit needs, it can be used immediately after approval, which is a significant differentiator.

This card offers a great balance between accessibility and security. Additionally, it stands out for its competitive advantages, which include international acceptance, fraud protection, and automatic limit increase reviews.

Anúncios

As an easy alternative for those who want quick access to a line of credit, this card has gained significant attention in the financial market. Want to know more about it? Then continue reading the content we have specially prepared for you.

About de Issuer

The card is issued by Prosper, an innovative company founded in 2005. It stands out for its pioneering approach in the peer-to-peer lending market, allowing individuals to invest in personal loans from other consumers, promoting a collaborative and accessible economy.

Anúncios

Prosper is committed to promoting the financial well-being of its customers by offering accessible and effective financial products. With over 1.7 million customers and billions in loans funded, Prosper continues to grow and expand its offerings.

The company is backed by renowned investors such as Francisco Partners and Institutional Venture Partners, strengthening its position in the financial market. This allows Prosper to constantly innovate and offer financial products like the Prosper card, which aims to facilitate credit access for various consumers.

Benefits

No Security Deposit: The Prosper credit card does not require a security deposit, making it accessible to many consumers. This is particularly useful for those who are starting to build their credit or recovering their financial history.

Automatic Limit Reviews: Every three months, your account is automatically reviewed for possible limit increases, helping to improve your credit over time. This feature encourages responsible credit use and can result in higher limits with continued responsible use of the card.

Instant Access to the Digital Card: After approval, you can use the card immediately by adding it to your digital wallet. This means you don’t have to wait for the physical card to start enjoying the benefits.

Low Foreign Transaction Fees: Only 1% per transaction, which is significantly lower than many other cards. This advantage makes the Prosper card a great option for frequent travelers or those who make international purchases online.

Fraud Protection: Includes protection against unauthorized transactions and identity theft monitoring, providing additional security. This benefit ensures that you can use your card with confidence, knowing that your transactions are protected.

Prosper Credit Card – Fees and commissions

The Prosper card has an annual fee of $39, which is waived in the first year if you set up automatic payments through AutoPay. The APR ranges from 24.24% to 35.74%, depending on your credit evaluation. There is no cash advance fee, but the foreign transaction fee is 1%.

Fees and charges may be changed by the issuer, so it is important to review the terms directly on Prosper’s official website.

Card limit

The initial credit limit of the Prosper credit card can be as low as $500, but can reach up to $3,000, depending on your credit evaluation and responsible use of the card.

Prosper automatically reviews your account every three months for possible limit increases, which can help improve your credit score over time.

These periodic reviews are an excellent way to demonstrate responsible credit use, allowing users to increase their credit limit gradually and safely.