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I’ve been lending on Prosper for a bit over 7 months now. I’ve seen quite a few loans move in and out of late status. I suppose some borrowers prefer to “optimize their cash flow” by allowing their loan payments to lapse a few days. This is just fin
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7 months ago
Over 4000 borrowers have "defaulted" on their loans in 2008 and another 2000+ are late. Prosper seems to do nothing to collect. This bloggers ROI is actually .o3% and falling.
Beware of Prosper!!
7 months ago