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Old 07-30-2007, 05:16 AM
master01 master01 is offline
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Join Date: Jul 2007
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Default Some cons

Prosper does not pay you interest on your unloaned money sitting in your Prosper account.
The cycle time to deposit money to my prosper account (both for my deposits and loan payments) is gut wrenchingly slow.
Once you win a loan bid, Prosper goes through a rather slow verification process that should take place before the loan gets listed.
Borrowers have complained about Prosper making various mistakes with payment posting.
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