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Author Topic: Prosper.com - Its a Deadbeats' Party  (Read 6911 times)

mothandrust

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Re: Prosper.com - Its a Deadbeats' Party
« Reply #15 on: August 25, 2009, 02:20:46 am »

If you hold enough portions to total say $500 dollars AND the borrower is in default then prosper should release the information the borrower provided to prosper to you so that you can persue collections yourself for the portions that you hold.

Since this is something that would cause a borrower to repay money to a lender, Prosper would raise all kinds of privacy concerns and worry the collector might infract the FDCPA (the law that says you can't break kneecaps and so forth).

Prosper doesn't bat an eye about breaching contracts with lenders or selling unlicensed securities, but when it come to any infraction of a deadbeat's privacy, Prosper is vigilant.
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So all those people who ran in the primary, dropped out, and endorsed the eventual winner who wind up in every cabinet is just a coincidence?
Yes.  They drop out because they realize they cannot win and staying in will hurt their future prospects.  If they later wind up with a job, that's fine.  But that's not remotely the same as a quid pro quo.

christoofar215

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Re: Prosper.com - Its a Deadbeats' Party
« Reply #16 on: September 05, 2009, 12:51:25 am »

I pronounce PCOCT "p-cckd"


Y r p'd n frst, thn cck-slppd n th fc.

{disemvoweled after not complying w request to clean up in the lobby - HollowOak}
« Last Edit: September 10, 2009, 08:34:30 am by HollowOak »
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mothandrust

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Re: Prosper.com - Its a Deadbeats' Party
« Reply #17 on: September 06, 2009, 06:09:41 pm »

I pronounce PCOCT "pee-cocked"

"Peacocked". 

Your portfolio starts all green, but some go late (yellow), some default (red), some payoff (blue), etc.

The green egg hatches into a peacock.
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So all those people who ran in the primary, dropped out, and endorsed the eventual winner who wind up in every cabinet is just a coincidence?
Yes.  They drop out because they realize they cannot win and staying in will hurt their future prospects.  If they later wind up with a job, that's fine.  But that's not remotely the same as a quid pro quo.

bamalucky

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Re: Prosper.com - Its a Deadbeats' Party
« Reply #18 on: September 06, 2009, 06:20:36 pm »

I pronounce PCOCT "pee-cocked"

"Peacocked". 

Your portfolio starts all green, but some go late (yellow), some default (red), some payoff (blue), etc.

The green egg hatches into a peacock.

The becomes a Chinese flag  :ninja:
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There are no stupid questions, just stupid people.
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