This article is dedicated to the study of the 2-dimensional interacting prudent self-avoiding walk (referred to by the acronym IPSAW) and in particular to its collapse transition. The interaction intensity is denoted by β > 0 and the set of trajectories consists of those self-avoiding paths respecting the prudent condition, which means that they do not take a step towards a previously visited lattice site. The IPSAW interpolates between the interacting partially directed self-avoiding walk (IPDSAW) that was analyzed in details in, e.g., Zwanzig and Lauritzen (1968), Brak et al. (1992), and Nguyen and Pétrélis (2013), and the interacting self-avoiding walk (ISAW) for which the collapse transition was conjectured in Saleur (1986).Three main theorems are proven. We show first that IPSAW undergoes a collapse transition at finite temperature and, up to our knowledge, there was so far no proof in the literature of the existence of a collapse transition for a non-directed model built with self-avoiding path. We also prove that the free energy of IPSAW is equal to that of a restricted version of IPSAW, i.e., the interacting two-sided prudent walk. Such free energy is computed by considering only those prudent path with a general north-east orientation. As a by-product of this result we obtain that the exponential growth rate of generic prudent paths equals that of two-sided prudent paths and this answers an open problem raised in e.g., Bousquet-Mélou (2010) or Dethridge and Guttmann (2008). Finally we show that, for every β > 0, the free energy of ISAW itself is always larger than β and this rules out a possible self-touching saturation of ISAW in its conjectured collapsed phase.2010 Mathematics Subject Classification. 82B26, 60K35, 82B41, 60K15.