Prosper.com
Loan listing credit rating over 100 points below Experian

I posted a loan "auction" listing on Prosper.com, which shows your credit rating to the public (AA-F or something to that effect), with corresponding numbers next to the rating showing what range your credit score is in. They supposedly get your information from Experian, yet Prosper reports your credit rating as being much lower than it actually is. This makes you look bad and forces you to set a higher interest rate on your requested loan, which makes more money for the website itself.

I obtained my credit score from Experian, and Prosper, which supposedly goes through the same company, reported it as more than 100 points lower than Experian told me it was. This site will fail. It is not even worth bothering with.

Company: Prosper.com
Country: USA
Site: prosper.com

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