If you miss a payment, your account may become "past due," meaning you may have to pay a late fee and it could have a negative impact on your credit score. The Prosper® Card does not increase your APR as a penalty, but it's still best to act fast by making the minimum payment and keeping your account in good standing.
If you don't make the minimum payment by your due date, you will be charged a $29 late fee. And if you're late again within the next six months, then the fee will be $40. See Terms & Conditions here for additional information about rates, fees, and other terms.