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winkinwilly33

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I did not apply for a loan what can i do about this..
A lender named Prosper sent me a email that I applied for a personal loan, I was looking at the offers that was recommended by credit karma, but I did not apply for the loan, what can I do about this, and why does your credit score drop 23 points and you didn't apply for any credit and everything is paid up??????????

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Check your Report

See if there was indeed a hard inquiry by Prosper. If there was, then dispute it with the CRA's 

If not, then they may just be using your interest in their product as a selling point. Either way Unless you sign a contract it is NOT a loan.  

When you go on line and look at different loans and credit cards but don't apply it's Called "Mining".   It's a good way to generate "Pre-approved" or Pre-qualified" loan or credit offers,  So what they may be reffering to is a Pre-qualified offer and not really an application for a loan. (It's the only way I apply for new credit. Only apply for Pre-approved accounts- and never be denied !!!

Good luck

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