Prosper has updated the new agency test opt in letter. There was a math error in the original letter. My correct maximum portion of the loan pool is 0.044211% not the previously stated 4.4211%.
I think I will opt into the loan pool, just so that I will stay informed as to what is happening with this story.
Other than the correct to the math the header of the letter was the only change…
PLEASE DISREGARD THE PREVIOUS EMAIL YOU MAY HAVE RECEIVED REGARDING THE LEGAL COLLECTIONS TEST. THE PERCENTAGES WERE INCORRECTLY FORMATTED. THE CORRECT VERSION IS BELOW. THANK YOU.