Prosper 1.0 Settlement Check

[jpildis]

I just received my Prosper 1.0 class-action settlement check and it's pretty underwhelming... $89.  This is 20% of the total settlement that will be paid out over the next 4 years.  The 4 year settlement total ends up being about 3% of my Prosper 1.0 investment and about 18% of my charged-off capital.

[Randawl]

Interesting - I wonder what those percentages will be across other Prosper 1.0 investors.  I think it varies widely.

[Xenon481]

I received $39.47.

That is ~3% of my "Principal Charge-offs" of $1,320.95.

This payment is the first of 4 total payments to be made by Prosper and represents 20% of the total amount of payments.

From this, I can estimate that I will receive a total of $197.35 once Prosper has made all payments, which is ~15% of my "Principal Charge-offs".

[Fred93]

My check was very close to 2.5% of my chargeoffs. 

Therefore I expect the total to be about 12.5% of my chargeoffs.