Today we are sharing performance data from the Prosper Portfolio for April 2019.
Highlights from the report include:
- In April, 65% of originations were rated AA-B and the dollar weighted average FICO was 717, relatively flat month-over-month.
- Weighted average income of borrowers on the platform in April increased by $9,493 year-over-year.
- The weighted average borrower rate for April originations decreased by 7 bps month-over-month, which was largely driven by a shift in rating mix. Without this shift in mix, the weighted average borrower rate would have increased 2 bps.
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.
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