Prosper Help

Marketplace Performance

The marketplace performance page includes performance metrics for Prosper marketplace loans.

You can filter performance metrics by the same criteria that you use in advanced listing search or to create a portfolio plan. Additionally, for research purposes, you can adjust the origination date of the loans measured and the observation date of the data you are viewing.

Origination date: Choose the range of origination dates (loan start dates) within which to study loan performance. When you choose an origination date range, the data you are viewing will only include loans which originated within a particular date range.
Observation date: You may observe loan performance from any date starting today and going back to the first origination date for Prosper loans. You may not choose an observation date in the future.

Both tables display data in volume ($ value of loans) and units (# of loans). In each table, the top row represents 100% of the data displayed, and the rows beneath the top row represent percentages of the top row. Loans which have been repurchased are not included in performance data.

Estimated Return

The estimated return table estimates average annual returns for all of the loans in the currently selected portfolio. If a particular credit grade does not have sufficient loan payment observations to measure, the message "Not enough loans to calculate performance data" will be displayed. Learn more about calculating estimated return.

Metrics include:

Performance metric	Definition
Average lender rate	The dollar-weighted average lender rate on all loans in the currently selected portfolio.
Net defaults	Unpaid principal and collection fees minus proceeds from executed debt sales.
Adjustment (interest and fees)	Uncollected interest on defaulted loans minus paid late fees. Learn more about late fees.
Prosper servicing fee	Prosper's annual lender servicing fee. The lender servicing fee is 0% per annum for AA credit grade borrowers, and 1% per annum for A-HR credit grade borrowers. See the history of Prosper fee changes.
Average annual return	The estimated average annual rate of return for loans in the currently selected portfolio.

Performance data

The performance data measures loan activity as a percentage of initial loan amounts. Metrics include:

Performance metric	Volume ($) definition	Unit (#) definition
Loans originated	Initial loan amount of total loans made	Total number of loans made
Active, not yet billed	Initial loan amount of loans which are active (not paid off and not in default) but have not yet been billed. These loans are not yet one month from origination.	Number of loans which are active but have not yet been billed.
Active, billed, <1 month late	Initial loan amount of loans which are active (not paid off and not in default), have been billed at least once, and are less than one month late.	Number of loans which are active, have been billed at least once, and are less than one month late.
Active, billed, 1+ months late	Initial loan amount of loans which are active (not paid off and not in default), have been billed at least once, and are at least one month late.	Number of loans which are active, have been billed at least once, and are at least one month late.
Paid in full	Initial loan amount of loans which have been paid off in full.	Number of loans which have been paid off in full.
Defaults	Initial loan amount of loans which have defaulted and been charged-off.	Number of loans which have defaulted and been charged off.
Net defaults	Net loss (after sale of debt) of loans in default. When loans go to default and are charged off, they are also sold to a debt buyer, who may pay a fraction of the loan's value to the lenders involved.	(not applicable)

Delinquency activity

The delinquency activity table measures loan delinquencies as a percentage of current loan principal balances for accounts that have been billed. Metrics include:

Performance metric	Volume ($) definition	Unit (#) definition
Loans active, billed	Current principal balance of loans which are active (not paid off and not in default) and have been billed at least once. Loans are billed one month after origination.	Number of loans which are active and have been billed at least once
Current	Current principal balance of loans which are active, billed, and less than 16 days past due. Loans are not considered late until they are more than 15 days past due.	Number of loans which are active, billed, and less than 16 days past due.
Late (16-30 days)	Current principal balance of loans which are active, billed, and 16-30 days past due	Number of loans which are active, billed, and 16-30 days past due
1-3 months late	Current principal balance of loans which are active, billed, and between 1 and 4 months past due	Number of loans which are active, billed, and between 1 and 4 months past due
1 month late	Current principal balance of loans which are active, billed, and between 1 and 2 months past due	Number of loans which are active, billed, and between 1 and 2 months past due
2 months late	Current principal balance of loans which are active, billed, and between 2 and 3 months past due	Number of loans which are active, billed, and between 2 and 3 months past due
3 months late	Current principal balance of loans which are active, billed, and between 3 and 4 months past due	Number of loans which are active, billed, and between 3 and 4 months past due
4+ months late	Current principal balance of loans which are active, billed, and 4 or more months past due	Number of loans which are active, billed, and 4 or more months past due

Please note:

Marketplace performance data is subject to change without notice due to various factors. Performance data volatility is most noticeable within 5 business days of today's date due to collections and payment activity.
You should be aware of dates of significant data changes which may affect your interpretation of marketplace performance data.
Estimated return is intended to help you understand the risks and return associated with the selected portfolio of loans. Actual performance may differ from expected performance.