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What should a borrower look for in a group?
Some borrowers will receive an invitation to join a group, while others
will need to find a group to join on their own. Take a look in the
different group categories and see if there's a group w ...
How do I get to my group home page?
There are a few ways to access your group home page:
After signing in, you will arrive
at "Your Account > Overview". Go to the "Your Account > Group"
tab, and simply click on your group n ...
What is a group leader?
Each group begins with a designated group leader who is responsible for
setting up a group home page and inviting members. Some group leaders
form groups based on their community interests or pr ...
What if another group has our organization's name?
There can be only one "Meat Lovers of Minnesota" group, so you'll have
to change your group name slightly to something like "Extreme Meat
Lovers of Minnesota."
Of course, you cannot represent ...
How does a group or association join Prosper?
Groups and associations start with a designated group leader
responsible for creating the group home page and inviting and accepting
members. Once the group leader registers and creates a group ...
How do I edit my group description?
Go to the "Your Account > Group" page, and click "Edit description and layout."
You will be able to choose the layout for your description that you
want, with your group's primary picture p ...
How do I make changes to my group page?
Any of the changes you will want to make can be accessed through the
"Your Account > Group" page. Click on "Group profile", and from here
you can view and make changes to your group profile, ...
Are group leaders compensated?
Yes, if they want to be. Because Prosper's group model helps keep loan
defaults low, their presence creates value in the marketplace. This
value allows groups to be compensated. Prosper compensa ...
What are blocked groups and members?
When you block a group or member, you are preventing your standing
orders from biding on any listings from that group or member. You may
override a blocked group or member by bidding on that gro ...
How do I join a group?
Once you find a group you'd like to join, click "Join this group" on their group home page.
If you are not registered with Prosper, you will be asked to fill out a quick registration form. Regist ...
How do I see all of the members in my group?
Go to "Your Account > Group", and click on "View members". You will see a list of the screen names of all your group members.
To view each member's profile information, click the "Details" l ...
Do I need to join a group to get a loan?
No. While borrowers aren't required to join a group in order to post
listings on Prosper, they are likely to receive more favorable bids as
a member of a group with a good reputation. However, i ...
How do I create my own group?
If you are not registered with Prosper, you will be asked to fill out a quick registration form. Registration is free.
Once registered, click the "Become a Group Leader" link. You will
be aske ...
What are the most important tasks of a new group leader?
First, you should update your group's home page as much as possible.
This is your voice to both potential borrowers and potential lenders,
so you should spend some time making it attractive, or ...
What are group categories?
Group categories help organize groups at Prosper. When you conduct a
manual search for loan listings, you can use group categories to narrow
your loan search. For example, maybe you only want to ...
Can I leave my group?
You can leave your group as long as you don't have an active listing or
loan. In that case, just go to "Your Account > Group", and click
"Leave group". If you have an active listing or loan, ...
Can I review my borrowers' listings before they appear in the marketplace?
Yes. Just go to "Your Account > Group", and click "Edit group profile", and then "Edit profile".
Once you're editing your group profile, you can set the "Listing
review" setting to "Require ...
What are shared group leader rewards?
Some group leaders may choose to share payment rewards with borrowers
in their group. If payment rewards are shared, the group leader will
receive only a portion, or in the case of 100% sharing, ...
How are rewards paid?
The first thing to note is that group leaders can choose to share
payment rewards with borrowers in their group. However, because group
leaders and borrowers have different needs, the rewards ar ...
When can I invite new members to my group?
You will be able to invite new members to your group when the group has
been approved by Group Services. (Remember, it can take a day or two
for your group to be approved.) Once your group is ap ...
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