100% Identity Theft Guarantee

Although Prosper has a stringent process in place to prevent fraudulent persons from using stolen identities to acquire loans, there are still limited times when identity theft occurs.

If a lender is the victim of a defaulted loan from a person who has committed identity theft, Prosper will repurchase the loan for the unpaid principal amount. Prosper will work with law enforcement authorities to track down and prosecute persons who have committed identity theft.

This guarantee applies to all loans made on Prosper, regardless of how many payments have been made by the borrower.

If you are a lender who suspects that one of your loans belongs to a person who has committed identity theft, please contact customer support and include the loan number and the reason you suspect identity theft.

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