Today we are sharing performance data from the Prosper Portfolio for June 2019.
Highlights from the report include:
- In June, 65% of originations were rated AA-B and the dollar‑weighted average FICO was 718, relatively flat month‑over-month.
- The weighted average income of borrowers on the platform in June increased by $4,596 year-over-year, to ~$103K.
- The weighted average borrower rate for June originations increased 4 bps month-over-month, which was 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.
If you wish to add your name to the monthly performance update list, please email [email protected].