Today we are sharing performance data from the Prosper Portfolio for January 2019.
Highlights from the report include:
- In January, 65% of originations were rated AA-B and the dollar weighted average FICO was 719, an increase of 2 points month-over-month.
- Weighted average income of borrowers on the platform in January increased by $15,509 year-over-year.
- Weighted average borrower rate for January originations on the platform decreased by 50 bps compared to the month of December 2018. This decrease was largely mix driven; the weighted average borrower rate would have remained 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.
If you wish to add your name to the monthly performance update list, please email [email protected].