• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Prosper Blog

Personal Loans Home Equity Line of Credit (HELOC)
  • Blog Home
  • Company News
  • Investor Updates
  • Product Announcements
  • Financial Wellness
  • HELOC

Prosper Performance Update: January 2018

March 2, 2018 by Brad Pennington

Today we are sharing performance data from the Prosper portfolio for January 2018.

Credit tightening continues in the riskier grades, shifting the portfolio to an increased concentration of lower risk assets: 54.3% of assets were rated AA-B in January vs. 49.5% in 2017 Q4 and 41.8% in 2017.

Additional highlights from the January update include:

  • The shift in volume resulted in original WA Borrower Rate on the portfolio declining by 31bps from the December level. Additionally, WA FICO increased from 715 in 2017 Q4 to 718 in January.
  • The lower risk composition of the 2017 Q4 book was driven by elevated delinquency rates observed in the higher risk segments of the portfolio in the first 3 quarters of 2017. Low risk asset performance the first 3 quarters of 2017 was stable. We continue to monitor the portfolio and take action as warranted.
Portfolio insights and key charts can be found here.

The Prosper Performance Updates are designed to help our investor community better understand performance trends and to provide important insights into the trends we are seeing and the information needed to invest through the Prosper platform.

If you wish to add your name to the monthly performance update list, please email [email protected]

Actual performance may differ from estimated performance, and the information presented is not intended to be investment advice or a guarantee of the performance of any Note or loan.

The data, statements and figures in this post are based on Prosper’s analysis and calculations which, in turn, are based on various data sources compiled and analyzed by Prosper with all reasonable care to ensure they contain no omission likely to affect their import. Neither the analysis nor the underlying data sources have been verified by an independent third party.

This post includes forward-looking statements. Forward-looking statements inherently involve many risks and uncertainties that could cause actual results to differ materially from those projected in these statements. Where, in any forward-looking statement, we express an expectation or belief as to future results or events, such expectation or belief is based on the current plans and expectations of our management and is expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the expectation or belief will result or be achieved or accomplished. All forward-looking statements speak only as of the date of this post and are expressly qualified in their entirety by the cautionary statements above. We undertake no obligation to update or revise forward-looking statements that may be made in this post to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.

All personal loans are made by WebBank, a Utah-chartered Industrial Bank, Member FDIC. All personal loans through Prosper are unsecured, fully amortized personal loans. Neither Prosper Funding LLC nor Prosper Marketplace, Inc. are registered as an investment adviser with any federal or state regulatory agency. The information contained in this presentation is for informational purposes, and should not be construed as individually tailored investment advice or as a recommendation with respect to any security or investment approach. This presentation has been prepared without regard to the circumstances and objectives of its participants and should not be relied upon as authoritative or taken in substitution for the exercise of judgment by any individual. Each individual should consider the appropriateness of any investment decision having regard to his or her own circumstances, the full range of information available and appropriate professional advice. Prosper Funding LLC and Prosper Marketplace, Inc. recommend that each individual seek independent investment and financial advice concerning any services or investments discussed in this presentation.

 

Company News, Investor Updates

Primary Sidebar

Connect with us

Facebook Twitter LinkedIn

For press releases and media inquiries: Prosper in the News or [email protected]

Categories

  • Blog Home
  • Company News
  • Investor Updates
  • Product Announcements
  • Financial Wellness
  • HELOC

Recent Posts

  • HELOC vs. Cash-Out Refinance: What’s the Difference?
  • 11 Ideas for What to Do with Your Tax Refund This Year
  • How to Budget Better in 2021 and Why You Need to Start Now
  • Prosper Performance Update – January 2021
  • Filing Taxes: What You Need to Know Before Tax Season

Prosper LoansFollow

Prosper Loans
ProsperLoansProsper Loans@ProsperLoans·
27 Jan

Thanks @lendit for highlighting Prosper an option for non-accredited investors to earn solid returns. https://www.prosper.com/invest
#fintech

LendIt Fintech@LendIt

With @LendingClub's retail #investment platform closed down we went looking for #HighYield alternatives. This is what we found: https://www.lendacademy.com/12-alternatives-for-lendingclub-investors
#FintechNews #FinancialServices
@ProsperLoans @fundrise @groundfloor_com @kickfurther @BlockFi @GoSteward @NSRInvest

Reply on Twitter 1354475897798029312Retweet on Twitter 1354475897798029312Like on Twitter 13544758977980293122Twitter 1354475897798029312
Load More...
  • Company News, Investor Updates, Prosper Blog, Uncategorized
    2020 Tax Guide for Prosper Investors

    It’s tax season, and to help Prosper retail investors navigate the process...

  • Financial Wellness
    Using a HELOC to Pay Off Your Mortgage

    Taking out a HELOC to pay off your mortgage is a common practice among many...

  • Financial Wellness, Prosper Blog
    Medical Bill Debt: What Happens If You Don’t Pay Medical Bills?

    Even before COVID, expensive healthcare costs had many Americans wondering...

  • Financial Wellness, Prosper Blog
    Emergency Loans With No Job: Options for the Unemployed

    While the unemployment rate in June showed a decline to 11.1%, that ra...

  • Company News, Investor Updates, Prosper Blog
    Prosper Performance Update – January 2021

    Prosper’s Monthly Performance Updates are designed to help our investor com...

Footer

  • Borrow
  • Invest
  • About Us
  • Press
  • Blog
  • Careers
  • Help Center
  • Contact Us
  • Legal
  • Prospectus
  • Financial Professionals
  • Developers

Prosper and WebBank take your privacy seriously. Please see Prosper's Privacy Policy and WebBank's Privacy Policy for more details. Prosper makes no representations as to the accuracy or completeness of any information provided on this Blog, which is intended for discussion purposes only. Opinions expressed in articles posted to this blog are the author’s own and may not reflect the opinions of Prosper. All personal loans made by WebBank, Member FDIC.

Prosper’s Notes are offered by Prospectus filed with the SEC. Notes are dependent for payment on unsecured loans made to individual borrowers. Notes are not guaranteed or FDIC insured, and investors may lose some or all of the principal invested. Prosper does not verify all information provided by borrowers in listings. Investors should review the Prospectus and carefully consider these and other risks and uncertainties before investing. None of the information provided on this Blog is intended to be investment advice.

Prosper Marketplace, Inc. NMLS#111473 (http://www.nmlsconsumeraccess.org)
All HELOCs are underwritten and issued by our banking partners. Refer to www.prosper.com/heloc for more information. Links to third party sites are provided for your convenience and do not constitute an endorsement.

Equal Housing Lender

© 2005-2021 Prosper Funding LLC. All rights reserved.

Copyright © 2021 · Genesis Sample on Genesis Framework · WordPress · Log in

Go to mobile version