One Tip Borrowers Ignore That They Shouldn’t | P2P Lending, Peer to Peer Lending, People to People Lending

It seems like such an easy thing and you are going to have to do it in order to get the loan proceeds… Verify your Bank Account!!!

By verifying you bank account you are signalling 2 things. One that you are expecting to get funded and two that you are expecting to take the loan once funded. By not verifying your loan a lender might think that you are just testing the waters.

This process can sometimes take several days to complete, since you need to wait for Prosper to make small deposits so you can verify. I am not suggesting that you wait until verified, but you should verify your account as soon as possible.

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