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Topics - MTaylor

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Investors - LC / No payments for July 6,7,8
« on: July 12, 2013, 09:38:07 PM »
None of the payments for these due dates have posted to my account, although they are showing completed on time. Is anyone else finding this?

Investors - P / Problems selling on Folio platform
« on: June 21, 2013, 09:40:31 PM »
Has anyone else been having trouble putting up notes for sale on the Trading platform today? I have been trying since this morning and keep getting this error message. I can log into the platform, but if I click on "sell notes" from anywhere on the site, I get this message:

"There has been a Prosper system error, and the page you were trying to reach cannot be reached. This error occurred at 6/21/2013 6:36:25 PM PT.

Please try again, and if you continue having problems, please contact customer support.

We apologize for this inconvenience. Thank you for your patience."

I've tried clearing my cache and reloading.

Investors - P / How does a note go from current to 31+ days late?
« on: January 19, 2013, 05:33:15 PM »
I had a note go late, but instead of showing up in "Past due (1-30 days)" it was immediately listed as "Past due (31+ days)." How is it possible it skipped being late 1-30 days?

Investors - P / Bankruptcy notification?
« on: November 02, 2012, 01:22:34 AM »
I had a note listed on folio that was cancelled for the following reason:

"Your Note listing was cancelled because the borrower on the loan filed for bankruptcy. Note listings whose underlying loans have become subject to a bankruptcy filing are cancelled automatically."

But on the original loan listing there is no mention of bankruptcy. This loan was issued less than 2 weeks ago and has had no payments on it.

I assume this loan is a write-off if the borrower declared bankruptcy. At what point does Prosper notify the lenders? If I hadn't listed it on folio, I wouldn't have known about the bankruptcy. Are the lenders on the hook for this?

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