Today we are sharing performance data from the Prosper Portfolio for July 2019.
Highlights from the report include:
- In July, 67% of originations were rated AA-B, up 159 bps month-over-month. The dollar‑weighted average FICO was flat month-over-month at 718.
- The weighted average income of borrowers on the platform in July was ~$102K, relatively flat year-over-year.
- The weighted average borrower rate for July originations decreased by 21 bps month-over-month, driven by a shift in Prosper 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.
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