Author Topic: Are all Prosper Loans "automatic drafts" for the borrower?  (Read 2520 times)

SeattleSun

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I have assumed that Prosper requires "automatic drafts" for their borrowers, is that correct?  TIA

priuspilot

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Re: Are all Prosper Loans "automatic drafts" for the borrower?
« Reply #1 on: July 28, 2013, 10:44:27 AM »
Not entirely sure but I believe it is the default method of payment, and if not then highly encouraged or incentivized.

clostrom

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Re: Are all Prosper Loans "automatic drafts" for the borrower?
« Reply #2 on: July 31, 2013, 12:25:17 AM »

I have assumed that Prosper requires "automatic drafts" for their borrowers, is that correct?  TIA

I don't know, many of mine switch to "manual".