Group Membership. Groups on Prosper may be rated according to the collective payment performance of the group's members. Therefore, if you are a member of a group, your failure to make loan payments when due, or the failure of another group member to make loan payments when due, may have a negative effect on your group's rating.
Appears in 10 contracts
Samples: Borrower Registration Agreement (Prosper Funding LLC), Borrower Registration Agreement (Prosper Funding LLC), Borrower Registration Agreement (Prosper Funding LLC)
Group Membership. Groups on Prosper may be rated according to the collective payment performance of the group's ’s members. Therefore, so if you are a member of a group, group your failure to make loan payments when due, or the failure of another group member to make loan payments when due, due may have a negative effect on your group's ’s rating.
Appears in 2 contracts
Samples: Borrower Registration Agreement (Prosper Marketplace Inc), Borrower Registration Agreement (Prosper Marketplace Inc)
Group Membership. Groups on Prosper may be rated according to the collective payment performance of the group's ’s members. Therefore, in which case if you are a member of a group, group your failure to make loan payments when due, or the failure of another group member to make loan payments when due, may have a negative effect on your group's ’s rating.
Appears in 2 contracts
Samples: Loan Account Program Agreement (Prosper Marketplace Inc), Borrower Registration Agreement (Prosper Marketplace Inc)
