Thread: Prosper.com
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Old 10-16-2007, 11:43 AM
absentx absentx is offline
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Join Date: Mar 2005
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Yeah trust seems to be a big thing...

Whats to say someone just wont rip off the lenders? I take it this site pulls a credit report to generate the credit rating correct?

What system is in place to make sure people dont get ripped off other than the possible return of high interest? I know they pull straight from the borrowers bank account, but what if they never put any money in that account?

In turn I would assume "prosper" then reports to the borrowers credit report?
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