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Prospa
4.2 from 157 reviews · View Statistics

Reviews

  • Transparency
    5.0 (1)
  • Customer Service
    3.0 (1)
  • Loan TypeFixed Rate (1)
  • Application Process
    1.0 (1)
  • Timeliness
    4.0 (1)
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Denise B

Denise B

  • 2 reviews

Surprised at these 5* reviews

published

Be aware. Yes approved. But very high interest 26% and I have excellent credit history and long business history. Only for short term emergency, will be paying out in 3 months.

Transparency
Customer Service
Application Process
Timeliness
Incentivised ReviewNo
Loan TypeFixed Rate
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1 comment
Prospa
Angie A.Prospa
  • Verified customer

Happy for now

published

Ange was a pleasure to talk with. Well see how things turn out but atm all good.
Cheers rod
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Thank you

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Questions & Answers

Leah T

Leah Tasked

I only want a small loan to help start my business off but I really don't want any huge interest fees...how high on average is the interest rate on small loans?

2 answers
Prospa
Angie A.Prospa

Hi Leah, Prospa’s rate varies based on your industry, how long you have been in business, the health of your cash flow and other factors. As such, we are unable to confirm your rate until you have been through the application process. But feel free to call us on 1300 882 867 and one of our loan specialists can talk you through how it works. Thanks!

Will H.
Will H.

Dont go with prospa if you want something low interest.

Maggie

Maggieasked

Just a small enquirey. I am looking at a possible loan of around $40,000.00. Can you tell me what interest rate this would be over 12 months?

6 answers
Jack
Jack

No idea sorry, it takes about 10 - 15 mins on the phone to have a complete offer ready for you. You should just give them a call.

Prospa
Angie A.Prospa

Hi Maggie, Thank you for your enquiry. Could you please provide me with your phone number or email address and I'll ask one of our loan consultants to give you a call this morning. If you would rather call, our number is 1300 882 867. Kind regards, the team at Prospa.

John Mauri
John Mauri

hi Maggie,
I don't want to lead you down the garden path,But what i can tell you is depends on your credit score that will detemine the actual interest rate.It can very from 1-3 per cent.
I hope that answers your question

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