Today we are sharing performance data from the Prosper Portfolio for September 2020.
Highlights from the report include:
- In September, approximately 81% of originations were rated AA-B compared to 83% in the prior month.
- The weighted average annual income of borrowers on the platform in September was $104K, remaining relatively flat year-over-year.
- The weighted average borrower rate for September originations increased by 17 bps month-over-month, due to a higher mix of C-HR rated loans originated over the period.
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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