Originations from July 15 - Dec 31, 2009:
| AA-B |
$4,891,704 |
55% |
| C-E |
$3,345,492 |
38% |
| HR |
$649,100 |
7% |
| Total |
$8,886,296 |
100% |
| |
Prosper Ratings
The minimum credit score for new borrowers on Prosper is 640+. Prosper now uses Prosper Ratings instead of credit grades. Prosper Ratings are based on the estimated average annualized net loss rate of a listing.
| Prosper Rating |
AA |
A |
B |
C |
D |
E |
HR |
| Est Avg Annualized Net Loss Rate |
≤ 1.99% |
2.00 – 3.99% |
4.00 – 5.99% |
6.00 – 8.99% |
9.00 – 11.99% |
12.00 – 14.99% |
≥ 15.00% |
|