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.
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.
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.
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 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’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.