Hi all,
I have an account with Prosper Marketplace, a peer-to-peer lending community. I have a loan through them since 2008. However, for some reason, starting August 2010, they STOP updating my credit report. I have been contacting them on a monthly basis and they kept on saying they’ll update it. Fast forward to 2011, nothing happened.
The end result is that my credit report showed that I owe MORE than the actual amount. I.e. in 08/2010, it shows I owe $1300~, but in actuality is I owe $800~. My loan will be paid off in August 2011 but my questions are:
1). As this moment, how will this affect my FICO score?
2). Beside complaining to Prosper and BBB, is there any other way for me to file a complaint to ensure Prosper update my credit report? My BIGGEST worries is that, comes August 2011 when I paid off the loan, Prosper will STILL NOT UPDATE the record and my credit report (may) forever show I still owe $1300 with Prosper.