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How does Prosper verify the identity of a borrower?

We verify the identity of borrowers by comparing supplied names, social security numbers, addresses, and telephone numbers against the names, social security numbers, addresses, and telephone numbers in the records of a consumer reporting agency and other anti-fraud and identity verification databases. In addition, we ask certain borrowers to submit a copy of a current driver’s license, passport, or other government-issued photo identification card, which is then authenticated using third-party reference materials. Finally, we verify the accuracy of each borrower's bank account information. If we are unable to verify the identity of a borrower in the manner described above, we will cancel the borrower’s listing or pending loan.

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