Connect with us

Hi, what are you looking for?

Investor Center

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]

Read more:

Join our mailing list

Latest

Person checks their FICO Score

Credit Score Information

Most adults in the United States have at the very least, heard of a FICO® Score. However, most lack knowledge of the nitty-gritty of...

Woman looks up credit report compiled by the three credit bureaus Woman looks up credit report compiled by the three credit bureaus

Credit Score Information

You’ve probably heard a lot about the three credit bureaus, but many Americans aren’t sure exactly what they are. That’s OK because Prosper’s got...

MAn applies debt snowball strategy to his finances MAn applies debt snowball strategy to his finances

Credit Management

There are several common strategies to address personal debt, but one of the most well-known is the debt snowball strategy. Today, we will look...

Investor Center

Today we are sharing performance data from the Prosper Portfolio for March 2022. Highlights from the Prosper Performance Update – March 2022: Performance Update...

Ways to Save Money and the Environment Ways to Save Money and the Environment

Financial Lifestyle

There are many easy ways to save money and the environment in our everyday lives. From the laundry room to the mailbox, the grocery...

Credit Management

With another year behind us, we find ourselves in tax return season once again. While 2021 did bring back some semblances of stability and...

You May Also Like