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Does Prosper verify a borrowers identity?

April 26, 2017borrower identity Prosper verify

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Does Prosper verify a borrowers identity?

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Ensuring that Prosper is private and safe is our highest priority. For Prosper borrower listings, we verify the borrower’s identity against data from a consumer reporting agency and utilize other identity and anti-fraud verification databases. In addition, we offer lenders a 100% Identity Theft Guarantee. If a loan is charged-off due to identity theft, Prosper will repurchase the loan for the unpaid principal amount of all Notes that correspond to that loan. Learn more.