Prosper Loans: Auto Funding vs Non Auto Funding During Verification | P2P Lending, Peer to Peer Lending, People to People Lending

All completed listing go through a verification process. This step is when Prosper vets the information given in the listing in regards to employment and debt to income ratio. When a listing is cancelled due to some discrepancy it is great (thank you Prosper!), but yet it can be painful. Your money is locked up and not earning interest until the loan is funded post verification. Is there a difference is success full verification for auto funding vs non auto funding?

First of all there have been 7716 total listings with a status of Completed or Cancelled and 6937 with a status of Completed — 92.3% of completed listings make it through verification.

For auto funding there have been 3550 listings with a status of Completed or Cancelled and 3255 with a status of Completed — 91.7% of completed listings make it through verification.

For non auto funding there have been 3962 listings with a status of Completed or Cancelled and 3682 with a status of Completed — 92.9% of completed listings make it through verification.

Seems like a wash to me.

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