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[Roadhawk]

$41.36 for me so about 2/3 a tank of gas.  I'll take it!

[112233]

$19.40

[Xenon481]

I received $39.47.

That is ~3% of my "Principal Charge-offs" of $1,320.95.

This payment is the first of 4 total payments to be made by Prosper and represents 20% of the total amount of payments.

From this, I can estimate that I will receive a total of $197.35 once Prosper has made all payments, which is ~15% of my "Principal Charge-offs".

[tasquad]

$5.15

[faithful_steward2]

I'm a bit confused as to how the amount was calculated.

It looks like the trustee used the number that Prosper calls "Principal charge-offs" and multiplies by 2.53%.

I have thirteen loans which are listed as "charged-off". However 4 of those I received back more than the amount lent. One of which was "settled in full". The "Principal charge off" number includes the profits on those loans just because they're listed in the "charged off" bucket.

However, my reading of the class action settlement was that is was supposed to be the aggregate of loans which suffered a loss. Thus in my case would only include the 9 loans I lost money on. It doesn't make any sense for a loan that let's say was for $100 and paid back $149 and then defaulted on the last $1 to be included with the losses.

What am I missing?

[Capital_Finance_Group]

10.75

[rogerwaite]

I'm a bit confused as to how the amount was calculated.

It looks like the trustee used the number that Prosper calls "Principal charge-offs" and multiplies by 2.53%.

I have thirteen loans which are listed as "charged-off". However 4 of those I received back more than the amount lent. One of which was "settled in full". The "Principal charge off" number includes the profits on those loans just because they're listed in the "charged off" bucket.

However, my reading of the class action settlement was that is was supposed to be the aggregate of loans which suffered a loss. Thus in my case would only include the 9 loans I lost money on. It doesn't make any sense for a loan that let's say was for $100 and paid back $149 and then defaulted on the last $1 to be included with the losses.

What am I missing?

You lost principle if the loan was charged off. The interest you earned was for use of money not available to you, because it was loaned out. It doesn't matter that your earnings from the interest exceeded the original amount.

[Beerbud1]

Thought you were going to tell everyone what you got?

Speaking of which...how much did you get, Beerbud?

I'm in Jacksonville on business and been here since Monday at noon. Will thursday morning when I get home.

[pioneer11]

I got $19.25.  I am too lazy to go calculate what the pct is.

[ratchetr]

$15.83

Yeah, free beer money from Prosper. Now I know how some of my borrowers must have felt: Yeah, free beer money from Prosper.

Haven't checked in here in ages. Fun to see so many familiar names still here.

Hope everyone has found other ways to Prosper.

[ira01]

$13.01.

[Mtnchick]

$201.13

I lost more than some of you - HAHA!

Also got $187 from an electric company class action suit this week. High times.

[Nora_Lenderbee]

$26.55. Half a Snickers, more or less. Say, maybe I'll go bid on a loan!

[Xenon481]

$26.55. Half a Snickers, more or less. Say, maybe I'll go bid on a loan!

That's the new Snickers now. Fun size.

[rogerwaite]

$201.13

I lost more than some of you - HAHA!

Also got $187 from an electric company class action suit this week. High times.

Okay, my Plan B is now to move in with Mtn vice Shen.