Today we are sharing performance data from the Prosper Portfolio for November 2018. Highlights from the November report include: In November, 62% of originations were rated AA-B and WA FICO was 716, an increase of 10 points since Q3 2017. Average loan size on the platform is $13,455, approximately $150 lower since 2018H1. This decrease […]
Company News
Prosper Performance Update: October 2018
Today we are sharing performance data from the Prosper Portfolio for October 2018. Highlights from the October report include: In October, 63% of originations were rated AA-B as Prosper continues to reduce the risk profile of originations on the platform. Dollar WA FICO for the month of October was 716, relatively flat month-over-month and an […]
Prosper Performance Update: September 2018
Today we are sharing performance data from the Prosper Portfolio for September 2018. Highlights from the September report include: In September, 61% of originations were rated AA-B as Prosper continues to reduce the risk profile of originations on the platform. Dollar WA FICO for the month of September was 717, remaining flat month-over-month and increasing […]
Prosper Performance Update: August 2018
Today we are sharing performance data from the Prosper Portfolio for August 2018. Highlights from the August report include: In August, 63% of originations were rated AA-B as Prosper continues to reduce the risk profile of originations on its platform. Dollar Weighted Average (WA) FICO for August was 717, an increase of 2 points since […]
1 Million Loans and Counting…
This week, Prosper crossed an important milestone on our journey to helping people achieve financial well-being: Over 1 million loans have been originated through the Prosper platform, totaling about $13 billion.
Prosper Introduces Loans Up To $40,000 For Borrowers
Today we’re pleased to announce that Prosper now offers qualified borrowers access to loans up to $40,000. At Prosper, our mission is to help people advance their financial wellbeing. Personal loans offer people a smart alternative to high-rate credit cards for things like debt consolidation and costly home improvement projects. Now, with this new higher loan amount, we are excited to give people even more purchasing power with Prosper’s fixed-rate, fixed term loan product.
