I looked at my account last night and see that Prosper is no longer accurately reporting the status of my loans. Two of my four "lates" are really more than a month late now. One, World Series Pitcher, shows that he is less than 15 days late AND in collections. However, he made two partial payments so really IS more than 30 days late.
A second is more than 30 days late (more than 45 now, in fact) yet shows between 1 and 30.
I sent the following to Prosper this morning:
Something seems to have happened to your computer programming!
Note 16437 says it's between 1 and 15 days late and in collections. However, that 's more than a month late because the guy made two 1/2 payments.
Note 13248 says it's less than 30 days late when it's well more than a month late.
Please fix these. I know collections are totally ineffective but I really would appreciate it if it my account were reported correctly.
I would appreciate an update and an explanation.
Thank you.
I guess the best way to improve results is to stop reporting them? If they're not reported accurately internally, the results will be inaccurate and so will Erics. And, of course, Fred's charts will flatten out.
Anyone else having this problem?