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"Principal adjustments" on Prosper Monthly Statement

Started by Peter, December 10, 2012, 11:00:00 PM

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DiligentiaLLC

Today I view my monthly statement from Prosper and I see I lost money from the line item "Principal adjustments".  The statement gave no explanation why I lost money, nor did it explain what a "Principal Adjustment" even is (in the context of Prosper investing).  Google offered no solid explanation either.

Any answers out there?

priuspilot

I checked my statement.. saw the column but didn't have anything in it. Perhaps it was a charged-off note that had the principal reduced as part of a payment restructuring?

NEW LOANS:   | clefable.eth 1.500 Ξ | venusaur.eth 2.000 Ξ | charmeleon.eth 2.000 Ξ | ALL