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History of Referral Program Changes

Borrower referral award: 0.5% of borrower's loan amount to referrer upon successful first monthly payment
Lender referral award: $25 to referrer, $25 to new lender upon funding of new lender's first loan

Date	Changes
Feb-22-2008	Borrower referral award: $50 to referrer upon new borrower's successful first monthly payment
Dec-19-2007	Borrower referral award: $35 to referrer upon new borrower's successful first monthly payment
Jun-6-2007 Program begins	Borrower referral award: 0.5% of borrower's loan amount to referrer upon successful first monthly payment Lender referral award: $25 to referrer, $25 to new lender upon funding of new lender's first loan

How are award changes handled?

The amount of a referral award is pegged to the registration date of the invitee. If an invitee registers before a program change, then the referrer will receive an award based on the program's settings before the change. If an invitee registers after a program change, then the referrer will receive an award based on the program's settings after the change.

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