Late Loan #2 is Late Again (2nd month in a row.) | P2P Lending, Peer to Peer Lending, People to People Lending

Is it a regular thing for some borrows to be late and get caught up? Why would they intentionally pay an extra $5 every month?

This loan is 14.7% Interest Rate with AA credit — DTI <= 25%

I am into the loan for $150. Here is my previous review: Oh No! Another late loan… Review of late loan #2.

This being the second time this loan is late I am beginning to get worried. However AA and there are serious consequences for failure to pay. I hope they value their credit.

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