Prosper decides to hold on to 4+ months late loans announced yesterday that the offers received for late loans to be sold off as defaults were to low to be acceotable. Doug Fuller, Vice President of Operations says, that with offers at 1.5 cents for the dollar, Prosper believes "the prudent course of business is NOT to sell them at this time". More on the Prosper blog post.

Status of my MyC4 loans
MyC4 with new look - currency risk now to be covered by lender