Today we are sharing performance data from the Prosper Portfolio for June 2020.
Highlights from the report include:
- In June, approximately 91% of originations were rated AA-B compared to 96% in the prior month.
- The weighted average annual income of borrowers on the platform in June was $109K, which represents a 6% increase year-over-year.
- The weighted average borrower rate for June originations increased by 39 bps month-over-month, due to a higher mix of C-D rated loans.
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.
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