Today we are sharing performance data from the Prosper Portfolio for November 2019. In November, 62% of originations were rated AA-BB. The dollar-weighted average FICO on the platform was 719, relatively flat month-over-month.
If you’re saddled with credit card debt, then you may be considering using a personal loan to pay off a credit card. Personal loans can be a smart option that allows you to consolidate payments, score a lower interest rate, and trim the time it takes to pay down your overall debt. To help you […]
The new year is a perfect time to get your finances in order. Check out our top tips on how to manage your money in 2020 and start a path to financial wellness next year.
Today we are sharing performance data from the Prosper Portfolio for October 2019 Highlights from the report include: In October, 64% of originations were rated AA-B. The dollar‑weighted average FICO on the platform was 720, relatively flat month‑over-month. The weighted average income of borrowers on the platform in October was ~$106K, relatively flat month-over-month. The […]
Leading Marketplace Lending Platform and Top 25 U.S. Bank Bring Together Strengths in Fintech and Digital Banking to Dramatically Improve the Home Equity Line of Credit (HELOC) Experience for Homeowners HELOC Platform Now Available to Customers in Alabama, Arizona, Florida and Texas via Prosper’s website and available soon to a select group of BBVA USA […]
Home equity lines of credit, or HELOCs, are a popular borrowing choice for homeowners–and the fixed-rate HELOC is no exception. While most HELOCs are variable-rate loans, the fixed-rate HELOC option is becoming more common.