Prosper Performance Update – January 2021

Today we are sharing performance data from the Prosper Portfolio for January 2021.

Highlights from the report include:

  • In January, approximately 83% of originations were rated AA-B consistent with the prior month.
  • The average loan size in January was ~13k, representing an approximately 6.0% increase month-over-month. The median monthly payment on Prosper loan to Income (PTI) ratio was 5.0%, remaining relatively unchanged compared to the prior month.
  • The weighted average borrower rate for January originations remained flat month-over-month.

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 institutions@prosper.com.

2020 Tax Guide for Prosper Investors

It’s tax season, and to help Prosper retail investors navigate the process, we’ve created the 2020 Prosper Tax Guide. This guide has general information about the 1099 tax form(s) you may receive from Prosper.

To access the Prosper Investor Guide for 2020, click here.

If you’re a retail investor who holds Notes from Prosper, here’s what you need to know:

  • In connection with your investment through Prosper, you may receive the following forms for the 2020 calendar year:
    • 1099-OID: Net interest of $10 or more received in 2020
    • 1099-MISC: Other income (such as late fees) of $600 or more received in 2020
    • 1099-B: Gross proceeds from sales or recoveries received in 2020 from Notes corresponding to loans charged-off in 2020 or prior years.
    • These 1099 tax statement(s) will be available in your Prosper account on February 1, 2020. Please note, it is your responsibility to check your account and review all information provided before filing your tax return.

These 1099 tax statement(s) will be available in your Prosper account on February 1, 2020. Please note, it is your responsibility to check your account and review all information provided before filing your tax return.

Prosper does not provide tax, financial or legal advice and neither this post nor Prosper’s tax guide is intended to be tax, financial or legal advice. We recommend that you consult with your financial or tax advisor if you have any questions. The IRS also provides guidance on the back of the 1099 tax form(s) designed to describe what is reported in each box on the form.

Prosper Performance Update – December 2020

Today we are sharing performance data from the Prosper Portfolio for December 2020.

Highlights from the report include:

  • In December, approximately 83% of originations were rated AA-B compared to 84% in the prior month.
  • The average loan size in December was $12,228, representing a decrease of approximately 1.0% month over month. The median monthly payment on Prosper loan to Income (PTI) ratio was 5.0%, representing a decrease of approximately 3.0% month-over-month.
  • The weighted average borrower rate for December originations increased by 31 bps month-over-month, due to an increase in B-HR rated originations.

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 institutions@prosper.com.

Prosper Performance Update – November 2020

Today we are sharing performance data from the Prosper Portfolio for November 2020.

Highlights from the report include:

  • In November, approximately 84% of originations were rated AA-B compared to 86% in the prior month.
  • The weighted average annual income of borrowers on the platform in November was $105K, remaining relatively flat year-over-year.
  • The weighted average borrower rate for November originations increased by 30 bps month-over-month, due to a higher mix of B-HR 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.

If you wish to add your name to the monthly performance update list, please email institutions@prosper.com.

Prosper Performance Update – October 2020

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.

If you wish to add your name to the monthly performance update list, please email institutions@prosper.com.

Prosper Performance Update – September 2020

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.

If you wish to add your name to the monthly performance update list, please email institutions@prosper.com.