Author Topic: "Principal adjustments" on Prosper Monthly Statement  (Read 2447 times)

DiligentiaLLC

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"Principal adjustments" on Prosper Monthly Statement
« on: December 11, 2012, 04:01:11 PM »
Today I view my monthly statement from Prosper and I see I lost money from the line item "Principal adjustments".  The statement gave no explanation why I lost money, nor did it explain what a "Principal Adjustment" even is (in the context of Prosper investing).  Google offered no solid explanation either.

Any answers out there?

priuspilot

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Re: "Principal adjustments" on Prosper Monthly Statement
« Reply #1 on: December 12, 2012, 04:24:05 PM »
I checked my statement.. saw the column but didn't have anything in it. Perhaps it was a charged-off note that had the principal reduced as part of a payment restructuring?