zcommodore

Most mornings, especially when I'm expecting to receive payments in my account as I was this morning, I check my Prosper account.  This morning while I was checking my account, I noticed the amount of payments pending in my account had jumped significantly so I went to investigate.  I expected one of my current loans must be making an extra large payment or something to that effect.  However, to my surprise, no less than 4 of my 11 loans in various stages of lateness had initiated manual payments.

Of the loans making payments, one of them who happens to be in my group had passed 1-month late earlier this week and is listed as in "Bankruptcy".  I'm guessing that if this is really a bankruptcy case, it's a Ch. 13 since she had been involved in a Ch. 7 only a few years ago.  I had hoped this one would recover but since she hasn't responded to any of my inquiries I figured it was a lost cause.  That one will certainly make me happy if it gets caught up.

Another of the ones catching up is one that went late on his first payment and is officially "Late".  Previously he had had two payments pending but they both failed.  I had contacted him asking why there were two and he said there was a mistake made where Prosper initiated an automatic attempt and he made a manual payment about the same time.  Hopefully this one will go through and everything will be fine after this.  Yes, I know.  I'm just too much of an optimist for my own good.

The other two that are catching up are both <15.  One just caught up from over 1-month late earlier this week and appears to be catching up the rest of the way.  The other has been late at least as often as she's been on time so seeing her catch up is not really a surprise but still nice to see.

I'm still frustrated with how the official forums on Prosper are being run but it's nice to see something positive to talk about as well.