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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 last month and 14 points since Q2 2017.
  • Average loan size on the platform is approximately $13,500. This is a slight decrease since 2018H1, driven by limiting loan amounts based on a borrower’s income and ability to pay.
  • WA Borrower Rate for August originations on the platform decreased by 70 bps compared to July, largely driven by the mix shift to rating grades with lower risk.   Without the mix shift, the WA Borrower Rate would have increased slightly in August.
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.

If you wish to add your name to the monthly performance update list, please email [email protected]

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