tag:blogger.com,1999:blog-23022583.post116257477587745711..comments2023-10-21T05:40:35.227-04:00Comments on Plugged in Finance: Putting Lipstick On The Pig: Prosper May Spruce Up Your Underperforming Loan Summary Section Without Your KnowledgeFinance Junkiehttp://www.blogger.com/profile/15006124275899289564noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-23022583.post-1162576032840568902006-11-03T12:47:00.000-05:002006-11-03T12:47:00.000-05:00Disclaimer: I just got off the phone w/ Prosper.Pr...Disclaimer: I just got off the phone w/ Prosper.<BR/><BR/>Prosper has not yet sold any non-performing loans. While the rep didn't admit it, I suspect their exact policy for communicating this may not yet be official. <BR/><BR/>The rep did state that the news would be emailed to the affected lenders and be noted on their online accounts. However, he did not specifically state how it will be noted in online accounts.<BR/><BR/>Lenders shouldn't be passive and ignore emails from Prosper. You may receive one some day highlighting the sale of bad debt and not realize it.<BR/><BR/>I suspect Prosper will not hide this. You will likely get a message on your account too. However, I question whether or not it will remain permanently in your loan summary section.Finance Junkiehttps://www.blogger.com/profile/15006124275899289564noreply@blogger.com