Prosper finally replied to my e-mail. They have fixed the issue. It is odd that a financial company has so many issues with their programming. I like the returns, but not sure it is helping me to sleep at night.
They also responded about my question regarding the loan in collections that is now receiving payments.
Here is what they said:
"""Loan# 45441 made a $220 payment on 6/16 which was the equivalent of one monthly payment. This rolled the days past due counter back 30 days however the account stays in collections until it is brought completely current. Loans only charge-off once they reach 121 days past due so borrowers can easily make payments and catch the loan up before it reaches 4 months past due.
If a loan does charge-off payments can still be made, they are still received into your Prosper account like all other regular payments. Prosper terms these payments "recoveries" and they are displayed as such in the monthly statements and at the end of the year in the tax documents."""
So it appears a loan can get out of collections from their e-mail reply. But it doesn't quite match what it says on the site that the loan is now with a collections agency. Confusing but as I said, I like the returns and am planning on adding to my investment. I just wish they could get their computer programming more accurate. I'm also not a fan of the new quickinvest... I had begun to like the automatic investing tools... now I will need to access Prosper multiple times/wk if I want to keep up investing.