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Prosper Performance Update: July 2018

Today we are sharing performance data from the Prosper portfolio for July 2018. Highlights from the July report include:
Prosper is continuing to migrate to a higher rated credit book. ~58% of originations for the month of July were rated AA-B.

Today we are sharing performance data from the Prosper portfolio for July 2018.

Highlights from the July report include:

  • Prosper is continuing to migrate to a higher rated credit book. ~58% of originations for the month of July were rated AA-B.
  • Dollar WA FICO for the month of July was 715, an increase of ~5 points since June and a ~12 points increase since Q2 2017.
  • Average loan size on the platform continues to track lower at $13,555 (~4% lower since Jan 2018). This is driven by credit tightening actions focused on limiting loan amounts based on income and ability to pay.
  • WA Borrower Rate on the portfolio increased by 31 bps compared to June originations. This reflects a full month of originations post June rate increases on the platform.
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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