Anyone thinking of this should see page 4,
b0mbrman's post:
"So here's my situation:
Timeline
Sep 09 Logged in and found that my account had been put "on hold." Note that "on hold" means that I cannot bid, nor transfer money from my Prosper account to a bank account. Sent email to ask why. No response
Sep 13 Called* to ask why. Still no explanation given as to why, and was told that I would need to send government ID, recent bill, and pay stub to have my account unlocked. Emailed documents. No Response.
Sep 16 Called to ask again, was told to re-send the documents. Re-sent through email.
Sep 25 Received email from Prosper saying they'd received my documents, but I needed to verify over the phone.
Sep 27 Called, verified, was told that the hold would be "put under review"
As of today, my account is still on hold
Unsecured risk, and the validity of personal loans aside, I'd stay far, far away just because of the awful customer service. "
