Loan from Grade A Borrower Without One Single Payment

[go4reward]

I don't know what to make of all this.  Has this dude made a payment yet?

taxesformuchlessinc

Not even a penny from this borrower. It is charged-off now. 

[deskguy]

Not even a penny from this borrower. It is charged-off now.
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 my first default - i now have 21 - was a guy from mississippi who borrowed $1k and never paid a dime.

 deskguy

[taxesformuchlessinc]

My default rate is 100%.  I made a loan of $50 back when North Carolinians were allowed to bid on loans.  He paid for 16 months and has recently stopped.  I am a pitiful investor.  I need to stick to working.  I'm even doing a bad job at that right now.

taxesformuchlessinc

[taxesformuchlessinc]

Deskguy,

You might want to look into this.  I'm not sure that's what happened but not even one payment seems odd even for a deadbeat.

taxesformuchlessinc

100% Identity Theft Guarantee
Although Prosper has a stringent process in place to prevent fraudulent persons from using stolen identities to acquire loans, there are still limited times when identity theft occurs.

If a lender is the victim of a defaulted loan from a person who has committed identity theft, Prosper will repurchase the loan for the unpaid principal amount. Prosper will work with law enforcement authorities to track down and prosecute persons who have committed identity theft.

This guarantee applies to all loans made on Prosper, regardless of how many payments have been made by the borrower.

If you are a lender who suspects that one of your loans belongs to a person who has committed identity theft, please contact customer support and include the loan number and the reason you suspect identity theft.