First Late Prosper Payment

I mentioned before how I'm questioning if Prosper is a good investment or not being that the economy is what it is right now. I just logged into my account and one of my loans is past due. The payment was due on October 30th and today is November 7.

I know that I'll make more money on this because I'll get a slice of the late fee, but part of me is still concerned that this person may just not pay at all or declare bankruptcy. Being that these types of loans are unsecured, I would have no recourse in that situation. The positive side is that I don't make large loans to people....only $50. Still, it's $50.

Is anyone else seeing an increase in the number of late payments through peer-to-peer lending services?