How does Prosper verify a borrower’s income or employment?

We verify the accuracy of all statements and information provided by borrowers and investors in connection with listings, commitments, and loans.

To verify a borrower’s income, we will request documents such as recent paystubs, tax returns, or bank statements. To verify a borrower's employment, we may contact the borrower’s employer or use other databases.

In some cases, we may delay investor funding of a loan to verify the information provided by a borrower.

Loans will not originate unless we complete verification. If we are unable to verify the information needed, we will cancel the application and/or cancel any or all funding commitments made by investors.