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Can Prosper help borrowers build credit? Will delinquency be reported?

April 26, 2017borrowers build credit Delinquency help Prosper reported

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Can Prosper help borrowers build credit? Will delinquency be reported?

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Yes. Because Prosper reports all payment activity to credit reporting agencies, using Prosper is an excellent way for new borrowers to establish or rebuild their credit score. In addition, delinquencies are also reported to credit reporting agencies, so bad performance will affect a borrower’s credit score negatively.