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How do I manage my membership requests?
Go to "Your Account > Group", click on "View members", and then "View membership requests".
On this page, click "View request" on each person's request. When
you look at each request, you c ...
How do I make changes to my Prosper member page?
When you first register with Prosper, your member page is created and a random image is associated with your screen name.
Whenever you want to make changes to your page, just go to "Your
Accou ...
What is Prosper Etiquette?
As with any new product or service, it helps to have some common
guidelines and conventions established about how to use it and how to
interact with others.
Recognize differences betwee ...
How do I approve or decline my borrowers' listings?
If your group requires listing review (see above for instructions on
how to do this), you will receive an email notifying you of new
listings that require review. You will also be able to access ...
How do I create a listing?
Before you get into it, view a tutorial on borrowing money.
If you are not registered with Prosper, click the "Register
now" button on the home page. You will be asked to fill out a quick
regis ...
What should I do if a borrower is late on a monthly payment?
Don't panic just yet. Sometimes people are just late. Prosper sends
frequent emails to overdue borrowers and their group leaders (if they
are members of a group), prompting them to pay their mon ...
What are group ratings?
A group's rating is a measurement of that group's performance in paying
back its Prosper loans. Specifically, the group rating is an expression
of a group's performance against expected (histori ...
How are group ratings calculated?
Group ratings are assigned based on the group's relative performance compared to Experian historical default rates. These are the same default rates that are displayed to lenders when they are pla ...
What is Prosper?
Prosper is a marketplace for credit that enables people to lend money
to other people in a safe, efficient manner. Prosper is a leap back to
a time when people formed credit communities to help ...
Are there any requirements for uploading pictures to a Prosper group page?
You can upload picture files (either a GIF or a JPEG) of any size or
resolution, and they will resize and scale them down for you. At this
time, they can't crop or rotate your pictures, though, ...
How can I prevent defaults?
You can't pick your relatives, and you can't prevent defaults. You can,
however, know that you are assuming some risk when you make a loan, and
take steps to reduce that risk. Here are a few tec ...
How do I decide whom to lend to?
As a lender, it is your responsibility to follow some basic lending
guidelines when making decisions about whom to lend your money to:
Diversify: If you place
many small bids among many borrowe ...
Do groups guarantee their members' loans?
No. Groups do not guarantee their members' loans in any way—borrowers are fully responsible for their loan obligations.
Where can I update my driver's license?
If you have tried borrowing money or becoming a lender or group leader,
you may have entered your driver license number. If your driver's
license number has changed, you will have the opportunit ...
How can I get to my Prosper member page?
Any place where your Prosper screen name is linked on the site (in your
group, on your listing, etc.), you can click on that link to access
your member page.
You can also get to your member p ...
What is identity verification?
For the safety and security of the marketplace, it is important that
Prosper makes every effort to ensure that all individuals participating
in the marketplace are 1) a real person, and 2) the s ...
How can I see the performance of my loans in one place?
If you go to "Your Account > Lending", and click on "View historical
performance", you can see a summary of your overall loan performance,
grouped by the calendar quarter in which the loans w ...
What if I don't pass identity verification?
There are some cases in which real, legitimate people don't pass the
Prosper identity verification process. If you are who you say you are,
there is a possibility that their information about yo ...
What is my Prosper member page?
Your member page is a page on the Prosper site that is all about you! You can use it to:
let the Prosper community know who you are.
show off which group you belong to. Or, if you're a lender, ...
Why should I register with Prosper?
Registration is required of all Prosper members, and puts you on the
road to becoming a borrower, lender, or group leader on the Prosper
marketplace.
Once registered, you will have access to a ...
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