![]() Those who pay monthly will no longer be charged a monthly fee starting in August. ![]() So for example, if someone paid in May 2017 for one year, they received 3 months of service, and would be refunded for 9 months. We will be stopping billing as of 7/31, and the pro-rated refund will be credited to your account 5 to 10 business days later. Prosper Daily subscribers that paid for the entire year will be reimbursed for the outstanding balance. ![]() Prosper Daily users were notified of the closure today via email and an in-app message. Once the app is discontinued, we will no longer have access to users’ financial accounts, and the wind down process will adhere to industry best practices to ensure that users’ personal information remains protected. We believe that mobile will play an important role in this borrowing and investing experience, and we are focusing on a mobile strategy that will uniquely serve our community and complement our consumer loan platform.Īs always, the privacy and security of our users is our top priority. Prosper continues to see growth and momentum across its business, and our current position of strength gives us the opportunity to further enhance the experience for borrowers and investors. This decision is part of Prosper’s continuing focus on creating a category-defining experience for borrowers, as well as for investors interested in consumer loans. We’re incredibly thankful to all of our users and to everyone that has worked with us on Prosper Daily (formerly BillGuard) along the way. Since its launch in 2016, Prosper Daily has helped people track their spending, protect their identity and monitor their credit score.
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