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Prosper Performance Update – December 2018

Today we are sharing performance data from the Prosper Portfolio for December 2018.

Highlights from the December report include:

  • In December, 62% of originations were rated AA-B and the WA FICO was 717, an increase of 9 points since year-end 2017.
  • Average loan size on the platform was $13,305, approximately $296 lower than the first half of 2018. This decrease is driven by our continued focus on limiting loan amounts based on a borrower’s income and ability to pay.
  • Weighted Average Borrower Rate for December originations on the platform decreased by 8 basis points (bps) compared to November 2018. This decrease was largely mix driven; the weighted average borrower rate would have increased month-over-month by 5 bps without the shift in rating mix.
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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