Site Network: Home | | P2P Wiki | Offical Blog

When you are looking at a listing on Prosper, you used to see 2 icons at the top of the listing, one for homeownership verification and the other was for bank account verification.

The bank account verification icon has now been removed from the site.

People used to view this as a positive sign, which is was, since no loan can be initiated without a verified bank account and seeing an account already verified was more reason to feel safe that a bid would not languish and then get returned when the verification process failed.

Prosper felt that the icon created confusion among lenders, but I think it should have remained. It rewarded borrowers who were proactive and got their accounts verified faster.


At February 27, 2008 at 4:26 PM RateLadder said...

But you couldn't verify your account until you were 20% funded. It was a catch 22.

At February 27, 2008 at 5:07 PM RICHGUY said...

I really like your blog- have to check on it more often. If you are interested in
maybe you should have a look at my blog :)

At April 4, 2008 at 8:37 AM barb michelen said...

Hello I just entered before I have to leave to the airport, it's been very nice to meet you, if you want here is the site I told you about where I type some stuff and make good money (I work from home): here it is


Post a Comment