Payday loan, title loan, or personal loan -- Struggling to pay your loan -- Complaint #5899824

Complaint Overview

Complaint ID: 5899824

Company: Prosper Marketplace, INC.

Product: Payday loan, title loan, or personal loan

Sub-Product: Installment loan

Issue: Struggling to pay your loan

State: California

ZIP Code: XXXXX

Date Received: 2022-08-21T12:00:00-05:00

Date Sent to Company: 2022-08-21T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

This loan is hard to keep up with. It's been a year of making payments and I Still owe more than I borrowed. It's a huge financial burden.. I explained to their reps that this loan was taken because my finances were hit hard from covid.

Frequently Asked Questions

What is Complaint #5899824 about?

Complaint #5899824 was filed against Prosper Marketplace, INC. regarding Payday loan, title loan, or personal loan specifically about Struggling to pay your loan. It was received by the CFPB on 2022-08-21T12:00:00-05:00.

How did Prosper Marketplace, INC. respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Payday loan, title loan, or personal loan) and describe your issue in detail.

Can I see other complaints against Prosper Marketplace, INC.?

Yes, visit the Prosper Marketplace, INC. company profile at readthecomplaint.com/company/prosper-marketplace-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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