Earlier this week in anticipation of the Fed Rate hike, we discussed Prosper’s approach to portfolio pricing in a rising rate environment. Our goal with rate-setting is to deliver value for both sides of the Prosper platform by providing a fair price for borrowers and a reasonable return for investors.
Prosper Investor Updates
Pricing Changes – 03/01/2017 – Prosper will be updating rates offered to people who borrow through the Prosper platform as of March 2nd. This update will impact AA, A and B rated loans, with an increase in pricing of approximately 60bps, 50bps, and 20bps, respectively. Additionally, HR rated loan rates will decrease by 10bps, which is […]
Today we announce a pricing change – 10/25/2016, the rates offered to borrowers through the Prosper platform are being modified. The changes are a direct result of the forward looking credit market, interest rate expectations, the US credit environment and the competitive environment in US consumer unsecured lending. Over the course of the last 12 months, rates […]
Brian Weinstein is the Chief Investment Officer of Blue Elephant Capital Management, a New York based firm founded in 2013 to pursue marketplace and other direct lending investment opportunities. We reached out to learn more about Blue Elephant and Brian’s experience working with Prosper. Here’s what he had to say: First, tell us a little […]
Scott Langmack is the Founder and Managing Partner of Incline Fund Management LLC, the first investment firm in the marketplace lending industry. The strategy has since been ranked #1 in the fixed income industry by BarclayHedge. We reached out to learn more about Incline and Scott’s experience working with Prosper. Here’s what he had to […]
As the needs of investors continue to evolve, two things remain paramount – they want to put their money to work quickly and easily, and see solid returns. And while historically, Prosper has delivered on the promise of attractive returns, the investment site hasn’t always been the easiest to navigate, that is until now. Today marks a new […]