Definitions for "MINIMUM RATE"
Keywords:  prosper, lowest, hazard, bidder, salary
the lowest rate that may be charged.
This is the minimum interest rate that you would be willing to receive on the loan if you are a winning bidder. Unlike some auctions where the price is bid up, Prosper bids on your behalf down to your minimum rate. So if you are a winning bidder, there's a chance that the interest rate you receive on this loan will be higher than your minimum rate.
A rate for low hazard risks.