Prosper Blog

Emergency Funds That Offer You Financial Assistance During COVID-19

April 30, 2020 by Sarah Cain

What financial options are available to get you through the COVID-19 crisis? Learn about what emergency funds are available to provide you financial assistance.

Prosper Investor Update

April 20, 2020 by Ashish Gupta

The last several weeks have been unprecedented for our country and the world. At Prosper, we have been closely monitoring the rapidly changing environment and the impact that COVID-19 will have on overall unsecured credit performance.

An Update from Prosper on Coping with COVID-19

April 19, 2020 by Prosper Marketplace

One of the pandemic’s most maddening features is its lack of predictability. And, while the Prosper team can’t know the future, we can promise you this: We will continue to serve our borrowers by working with them to manage the challenges they’re sure to face in the coming weeks.

Prosper Performance Update – February 2020

April 6, 2020 by Ashish Gupta

During the month of February, approximately 65% of originations were rated AA-B. The dollar-weighted average FICO score on the platform was 723, representing a 3-point increase month‑over-month.

Personal Loans Online: How it Works

March 6, 2020 by Elizabeth Dyer

Personal loans online are rising in popularity. But how do the mechanics behind it actually work? Here’s everything you need to know about getting a personal loan online.

Prosper Performance Update – January 2020

March 5, 2020 by Ashish Gupta

Prosper’s monthly performance update for January is now available. In January, 62% of originations were rated AA-B. The dollar-weighted average FICO score on the platform was 720, flat month-over-month. 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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Prosper is a peer-to-peer lending company that connects borrowers and investors. Over $17B in loans through the Prosper platform. https://t.co/E6F2Fg2Fe3

Prosper Loans @ProsperLoans·

If you’ve been impacted by COVID-19, you can contact us at [email protected] or by phone at 1-800-843-1662. We’re doing everything we can to avoid disruptions to our support phone lines, but please be aware that you may experience longer call wait times than normal.

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Peter Renton @LendAcademy·

Another great piece from @jentescher. In #fintech it is particularly important to remember that your product needs to result in good outcomes for consumers/businesses. As she says, "a good outcome is what builds trust": https://www.forbes.com/sites/jennifertescher/2020/02/24/the-power-of-purpose-fintechs-role-in-stakeholder-capitalism/#58fbcb8940d4 via @Forbes

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Ron Suber @RonSuber·

I asked my wife to share the one thing that’s bothered her the most about me.

Tequila helped, but I still didn’t expect what happened next, and just how transformative it was.

https://www.linkedin.com/posts/ronsuber_after-28-years-of-marriage-in-a-dimly-lit-activity-6630502426506067968-Luiy

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fiddler @fiddlerlabs·

#ExplainableAI panel led by @krishnagade at #GFMI -a discussion on a new way to manage #modelrisk in finance. Thanks to the panelists: David Paulsen, Dir. of risk data science @ProsperLoans ,Svitlana Vyetrenko, AI research lead @jpmorgan , & Andrew Feng, fin. analyst at FHFA

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Prosper and WebBank take your privacy seriously. Please see Prosper's Privacy Policy and WebBank's Privacy Policy for more details. Prosper makes no representations as to the accuracy or completeness of any information provided on this Blog, which is intended for discussion purposes only. Opinions expressed in articles posted to this blog are the author’s own and may not reflect the opinions of Prosper. All personal loans made by WebBank, Member FDIC.

Prosper’s Notes are offered by Prospectus filed with the SEC. Notes are dependent for payment on unsecured loans made to individual borrowers. Notes are not guaranteed or FDIC insured, and investors may lose some or all of the principal invested. Prosper does not verify all information provided by borrowers in listings. Investors should review the Prospectus and carefully consider these and other risks and uncertainties before investing. None of the information provided on this Blog is intended to be investment advice.

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