Common use of Collection & Reporting of Delinquent Loans Clause in Contracts

Collection & Reporting of Delinquent Loans. In the event you do not make your loan payments on time, WebBank or any subsequent owner of the loan will have all remedies authorized or permitted by the Promissory Note and applicable law. In addition, if you fail to make timely payments on your loan, your loan may be referred to a collection agency for collection. Prosper may report loan payment delinquencies in excess of thirty (30) days to one or more credit reporting agencies in accordance with applicable law. Subject to limitations of applicable law, you authorize and agree that Prosper or a collection agency may contact you at any or all of the telephone numbers you provide to Prosper at or after registration, or any of your other telephone numbers.

Appears in 4 contracts

Samples: Borrower Registration Agreement (Prosper Marketplace Inc), Borrower Registration Agreement (Prosper Marketplace Inc), Borrower Registration Agreement (Prosper Marketplace Inc)

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Collection & Reporting of Delinquent Loans. In the event you do not make your loan payments on time, WebBank or any subsequent owner of the loan will have all remedies authorized or permitted by the Promissory Note and applicable law. In addition, if you fail to make timely payments on your loanwhen a monthly payment becomes thirty (30) days past due, your loan may be referred to a collection agency for collection. Prosper may report loan payment delinquencies in excess of thirty (30) 30 days to one or more credit reporting agencies in accordance with applicable law. Subject to limitations of applicable law, you authorize and agree that Prosper or a collection agency may contact you at any or all of the telephone numbers you provide to Prosper at or after registration, registration or any of your other telephone numbers.

Appears in 4 contracts

Samples: Borrower Registration Agreement (Prosper Marketplace Inc), Borrower Registration Agreement (Prosper Marketplace Inc), Borrower Registration Agreement (Prosper Marketplace Inc)

Collection & Reporting of Delinquent Loans. In the event you do not make your loan Loan payments on time, WebBank or any subsequent owner of the loan Loan will have all remedies authorized or permitted by the Promissory Note and applicable law. In addition, if you fail to make timely payments on your loanwhen a monthly payment becomes thirty (30) days past due, your loan Loan may be referred to a collection agency for collection. Prosper may report loan Loan payment delinquencies in excess of thirty (30) 30 days to one or more credit reporting agencies in accordance with applicable law. Subject to limitations of applicable law, you authorize and agree that Prosper or a collection agency may contact you at any or all of the telephone numbers you provide to Prosper at or after registration, or any of your other telephone numbers.

Appears in 3 contracts

Samples: Borrower Registration Agreement, Borrower Registration Agreement (Prosper Marketplace Inc), Program Agreement (Prosper Marketplace Inc)

Collection & Reporting of Delinquent Loans. In the event you do not make your loan Loan payments on time, WebBank Prosper or any subsequent owner of the loan Loan will have all remedies authorized or permitted by the Promissory Note and applicable law. In addition, if you fail to make timely payments on your loanwhen a monthly payment becomes thirty (30) days past due, your loan may Loan will be referred to a collection agency for collection. Prosper may will report loan Loan payment delinquencies in excess of thirty (30) 30 days to one or more credit reporting agencies in accordance with applicable law. Subject to limitations of applicable law, you authorize and agree that Prosper or a collection agency may contact you at any or all of the telephone numbers you provide to Prosper at or after registration, or any of your other telephone numbers.

Appears in 1 contract

Samples: Borrower Registration Agreement (Prosper Marketplace Inc)

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Collection & Reporting of Delinquent Loans. In the event you do not make your loan payments on time, WebBank or any subsequent owner of the loan will have all remedies authorized or permitted by the Promissory Note and applicable law. In addition, if you fail to make timely payments on your loan, your loan may be referred to a collection agency for collection. Prosper may report loan payment delinquencies in excess of thirty (30) days to one or more credit reporting agencies in accordance with applicable law. Subject to limitations of applicable law, you authorize and agree that Prosper Pxxxxxx or a collection agency may contact you at any or all of the telephone numbers you provide to Prosper at or after registration, or any of your other telephone numbers.

Appears in 1 contract

Samples: Loan Account Program Agreement (Prosper Marketplace Inc)

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