Prosper Ratings
Every listing on Prosper is assigned a Prosper Rating—a proprietary rating developed by
Prosper that allows us to maintain consistency when assigning a rating to the listing.
Prosper Ratings allow you to easily analyze a listing's level of risk because the rating
represents an estimated average annualized loss rate range.
| Prosper Rating |
Estimated Avg. Annual Loss Rate* |
| AA |
0.00-1.99% |
| A |
2.00–3.99% |
| B |
4.00–5.99% |
| C |
6.00–8.99% |
| D |
9.00–11.99% |
| E |
12.00–14.99% |
| HR |
≥ 15.00% |
* estimated average annualized net loss rate
The loss rate is based on the historical performance of borrowers on Prosper loans with similar
characteristics and is determined by two scores: (1) the credit score, obtained from a credit
reporting agency, and (2) an in-house custom score, the
Prosper Score, built
on the Prosper population. The use of these two scores will determine an estimated loss rate for
each listing (based on the historical performance of previous Prosper loans), which then determines
the Prosper Rating.
The estimated loss rates are not a guarantee and actual performance may differ from expected
performance. Learn more about
estimated loss rates.
The Notes that correspond to specific borrower listings are offered pursuant to the
prospectus. Investors should read
the complete description of the Notes and risks associated with making an investment in the Notes
as well as other information about us and our platform in the prospectus.
