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Author Topic: Prosper Class Action Suit Settled for $10 Million Over 3 Years  (Read 3339739 times)

Pioneer

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #450 on: September 18, 2014, 01:24:11 pm »

I've still gotten nothing.  :ninja:

+1

R

Just curious - When you guys log into your Prosper accounts, Investing tab, what's listed as Principal Charge-Offs?

$119.94
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DCS

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #451 on: September 18, 2014, 03:08:08 pm »

Just curious - When you guys log into your Prosper accounts, Investing tab, what's listed as Principal Charge-Offs?

$119.94

So we would have expected you to have received a check for about $3.
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Pioneer

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #452 on: September 18, 2014, 03:12:15 pm »

Just curious - When you guys log into your Prosper accounts, Investing tab, what's listed as Principal Charge-Offs?

$119.94

So we would have expected you to have received a check for about $3.

Yes, not much.  It's the principle of the thing.
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zapp05

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #453 on: October 08, 2014, 02:12:55 pm »

I've still gotten nothing.  :ninja:

+1

R

Just curious - When you guys log into your Prosper accounts, Investing tab, what's listed as Principal Charge-Offs?

October now... still nothing for me either.  My 'Principal charge-offs' on the 'Investing tab' is $1,311.03.
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NewHorizon

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #454 on: November 24, 2014, 12:08:43 pm »

October now... still nothing for me either. 

I got a post card last week (dated 11/13) labeled "FINAL NOTICE" (but I'm told there weren't actually any previous notices) saying that I was mailed a check on Aug 15 but that it hasn't been "presented for payment".  Hmm, I can't recall getting it.

Anyway, they provide a toll free number thru which I can ask for the check to be re-issued - which I did.

The card also says the deadline to cash the original check is December 13, 2014.  The re-issued check will have a new expiration date.

The phone number is 866-274-4004.  They'll ask you for the "Mail ID" shown on the post card.  I don't know what they'll ask for if you don't have it.
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czach

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #455 on: November 24, 2014, 04:23:01 pm »

Yup, got one too. I asked for a new check please, will let everyone know how much it was. I think my charge offs were <100 total.

However if the check is over $2.00 then I WOULD HAVE MADE A CLEAN AND COMPLETE PROFIT ON MY INVESTMENT WITH PROSPER!!!!!!!!!!!!!!!!!!!!!

WOW!
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Fred93

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #456 on: December 02, 2014, 10:28:43 pm »

Hey, don't they owe us a 2nd check sometime?  When?

Xenon481

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #457 on: December 02, 2014, 10:41:38 pm »

Hey, don't they owe us a 2nd check sometime?  When?

A year after the first check.

zapp05

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #458 on: December 03, 2014, 09:43:35 am »

October now... still nothing for me either. 

I got a post card last week (dated 11/13) labeled "FINAL NOTICE" (but I'm told there weren't actually any previous notices) saying that I was mailed a check on Aug 15 but that it hasn't been "presented for payment".  Hmm, I can't recall getting it.

Anyway, they provide a toll free number thru which I can ask for the check to be re-issued - which I did.

The card also says the deadline to cash the original check is December 13, 2014.  The re-issued check will have a new expiration date.

The phone number is 866-274-4004.  They'll ask you for the "Mail ID" shown on the post card.  I don't know what they'll ask for if you don't have it.

Thanks for the info.
Just called the number, said they sent to my previous address (even though I updated via class action site almost a year ago).
Say they will re-issue the check.
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tmullin1217

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #459 on: December 18, 2014, 07:24:01 pm »

Settlement check arrived last week, to the tune of $30.45
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zapp05

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #460 on: December 22, 2014, 10:19:44 am »

October now... still nothing for me either. 

I got a post card last week (dated 11/13) labeled "FINAL NOTICE" (but I'm told there weren't actually any previous notices) saying that I was mailed a check on Aug 15 but that it hasn't been "presented for payment".  Hmm, I can't recall getting it.

Anyway, they provide a toll free number thru which I can ask for the check to be re-issued - which I did.

The card also says the deadline to cash the original check is December 13, 2014.  The re-issued check will have a new expiration date.

The phone number is 866-274-4004.  They'll ask you for the "Mail ID" shown on the post card.  I don't know what they'll ask for if you don't have it.

Thanks for the info.
Just called the number, said they sent to my previous address (even though I updated via class action site almost a year ago).
Say they will re-issue the check.

Got mine on Saturday (12/20) for $27.82.
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rogerwaite

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #461 on: February 12, 2015, 12:10:13 pm »

Is it too early to start yakking about the next payment?

The settlement says they're to have the next installment within 10 days of April 16 IIRC. I wonder if we'll have to wait 3 months again for the Escrow company to send us our checks.
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czach

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #462 on: February 12, 2015, 04:27:36 pm »

Wait, there's more money coming?

Not only did I make a profit, I'm going to make more profit on Prosper!
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cubbiesnextyr

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #463 on: February 12, 2015, 05:10:57 pm »

Wait, there's more money coming?

Not only did I make a profit, I'm going to make more profit on Prosper!

I believe they split the distribution into 3 payments, but they're not equal payments.  Somewhere in this thread I think we mention what % of your settlement you get with each check.
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czach

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Re: Prosper Class Action Suit Settled for $10 Million Over 3 Years
« Reply #464 on: February 12, 2015, 06:21:04 pm »

Will see then. Snickers bar city, here I come!
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