Michele
Wed Sep 25 2024
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0 answers
0
How to set counterparty credit limits?
Could you please elaborate on the process of setting counterparty credit limits in the context of cryptocurrency and finance? What factors should be considered when determining an appropriate limit for a specific counterparty? Are there any industry standards or best practices that should be followed? Additionally, how can a company ensure that the limits are being effectively monitored and adjusted as needed to manage risk effectively?
CryptoProphet
Mon Sep 16 2024
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5 answers
774
How often does Prosper increase credit limits?
I'm curious about how often Prosper, a popular peer-to-peer lending platform, increases credit limits for its borrowers. As someone interested in investing or borrowing on the platform, it's important to understand the factors that can influence credit limit adjustments and how frequently they occur. Does Prosper have a set schedule for reviewing and potentially increasing credit limits, or is it a more fluid process based on individual borrower performance and other factors? Understanding this can help borrowers manage their finances and investors make informed decisions about their investments.
