View Single Post
  #11 (permalink)  
Old 05-06-2006, 07:02 PM
sweeps sweeps is offline
Hopeless Optimist
 
Join Date: Oct 2005
Posts: 5,170
Points: 27012.30
Donate
Default Re: Prosper.com person-to-person lending

I read the Prosper FAQ... Kinda interesting. Borrowers who default are subject to negative credit reporting and collections just like they would at a regular bank.
Reply With Quote