Kay, harsh or not, I haven't noticed anyone saying the star system is performing as promised or even at the level of how they would like it to perform. As long as no new W.E.E.C. loans are posted until the rating is changed, leaving the stars along is fine with me.
If listings are posted with three-star ratings, that's a blatant misrepresentation of the risks that would be incurred by potential lenders. I'm stifiling myself with that statement at the risk of sounding too harsh.
No, I would agree with you, Richard, that if more WEEC loans were posted, and WEEC were to retain its 3-star rating, that would be a blatant misrepresentation of the risks involved. I imagine now, the question is whether WEEC will even continue as a Kiva partner, in light of the death of Jedidah Waigwa, who ran WEEC.