I won't ever bid again on Prosper either. To bid, I'd have to sign "new agreements." I don't understand why, since Prosper changes the terms of the agreements with no concern about consequences already.
Also, Prosper's "collections" activity on my defaults is non-existent. When I bid, I knew that Prosper would sell defaults to jdbs, per the TOS. Not one single default out of 20 was sold to a jdb, and Prosper hasn't collected dime one on my defaults in more than a year.
Prosper's "transparency" remains non-existent. I have 2 bks in ch 13 for more than 2 years, with no payments. Is Prosper even following up on the payment plans? No idea. I emailed and did not receive a meaningful response. I have no confidence that Prosper is doing anything to follow up on the bks, which would be the easiest thing in the world.
Prosper's current financial difficulties are well deserved.