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Prosper Monthly Investor Performance Update

Prosper Performance Update – May 2020

Prosper’s Monthly Performance Updates are designed to help our investor community understand performance trends on the Prosper Platform. During the month of May, approximately 96% of originations were rated AA-B compared to 80% the prior month, driven by credit tightening in response to the current environment. Read more for additional insights into May’s performance.

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Is HELOC Interest Tax Deductible?

Many HELOC borrowers find themselves asking, “Is HELOC interest tax-deductible?” The short answer is yes, but not all the time. There are limitations that borrowers should be aware of. Let’s dive into the facts about HELOC and taxes.

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