Prosper.com
False credit score reporting
- 08-15-2008
- 25
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 corrosponding 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, making you look bad and forcing you to make the interest rate on your requested loan higher, therefore making more money for the website itself. I obtained my credit score from Experian, and Prosper, who supposedly goes through the same company. Reported it as more than *100* points lower than Experian told me it was. This site will fail, its not even worth bothering with.
Company: Prosper.com
Country: USA
Site: www.prosper.com