Does Prosper underwrite the borrower loans?
At Prosper we believe that investors should be provided in-depth data regarding investment opportunities, and then allowed to make their own decisions regarding the risk and return characteristics of the loans they invest in. Investors have visibility into the loans that underlie their investments, and do not need to rely on third party control of pricing risk. For Prosper borrower listings, Prosper has established minimum credit scores to ensure borrowers meet certain credit standards.
