Just got his in my email inbox this afternoon. I feel it vindicates our decision to pull our money out of prosper.

————————————————————————————————

Dear James,

One of your Prosper loans has defaulted due to bankruptcy. There are insufficient assets available through the bankruptcy to pay the borrower’s unsecured creditors, and therefore you will not receive any further payments on this loan. Proceeds from forfeited group leader rewards, if any, will be credited to your account within 1-2 business days.

Loan: payoffcreditcards (Loan #7990)
Borrower: lindaandkeith
Default date: Jun-19-2008
Principal balance before default: $233.73
Loan value before default: $288.26
Proceeds from forfeited group rewards (if any): $0.32
View loan details

Borrowers whose Prosper loans default will have their delinquency and default reported to a credit reporting agency, and will never be able to borrow money on Prosper again in the future. Learn more about defaulted loans.

Regards,
Prosper

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

Click Here to Download
DINK's Free
Budget Template
Click Here to Download
DINK's Free
Net Worth Template

Couples Finance

Blogs You Should Read

Companies Supporting The DINKS

Please consider visiting our gracious supporters:

Get an education with the Online Certificate Programs at Washington Tech

7binaryoptions.com: Your one stop information source for trading binary options.

Get the Latest Coupon and Discount Codes at Freecouponcodes.net.

The best cheap web traffic that comes in handy for your website traffic needs.

Shop till you drop and discounted offers with Shopee promo codes.