Today we are sharing performance data from the Prosper Portfolio for October 2020.
Highlights from the report include:
- In October, approximately 86% of originations were rated AA-B compared to 81% in the prior month.
- The weighted average annual income of borrowers on the platform in October was $105K, remaining relatively flat year-over-year.
- The weighted average borrower rate for October originations decreased by 121 bps month-over-month, due to a higher mix of AA-B rated loan originations 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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