Today we are sharing performance data from the Prosper Portfolio for February 2019.
Highlights from the report include:
- In February, 66% of originations were rated AA-B and the dollar weighted average FICO was 719, relatively flat month-over-month.
- Weighted average income of borrowers on the platform in February increased by $13,964 year-over-year.
- Weighted average borrower rate for February originations on the platform decreased by 18 basis points compared to the month of January 2019. This decrease was largely mix driven; the weighted average borrower rate would have been relatively flat month-over-month without the shift in rating mix.
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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