What is vetting?
Vetting is the process of having someone investigate you and your listing to determine whether or not you are a good credit risk. It is entirely optional; many loans are listed and funded without any vetting at all. The process can, however, be an aid in getting funded or in getting a lower rate. To be valuable, a vetting is best done by someone that Prosper.com lenders know and trust. Most commonly, it is done by a group leader for his or her group members. Indeed, one of the things you should think about when joining a group is whether the group leader will vet you. A well-respected group leader endorsing you (especially if they themselves bid on your loan) can go a long way. The specifics of what’s entailed in a vetting will depend on the specifics of your loan request, as well as how much you feel comfortable sharing with the vetter. Most commonly, however, it would involve you faxing or mailing documents to your group leader, who will then testify that they have seen them and that
