My issue is with your screening process on the borrowers you have listed for us. To me it appears if it is not just about collecting fees then your exposing us (the lenders) to these bad risks looks like you are not doing your do diligence.
Completely understandable and something that we are working really hard on right now. You may have noticed that we have a much smaller marketplace right now - Why? We want to make sure that we bring investors higher quality borrowers and be very selective about who we bring onto the marketplace. With that we are amping up the screening process and making sure we do a better job there to insure that we can limit losses.
How long have you been around with us out of curiosity?