Today we are sharing performance data from the Prosper Portfolio for March 2019.
Highlights from the report include:
- In March, 64% of originations were rated AA-B and the dollar weighted average FICO was 717, relatively flat month-over-month.
- Weighted average income of borrowers on the platform in March increased by $10,942 year-over-year.
- Weighted average borrower rate for March originations on the platform increased by 28 bps compared to the month of February 2019. This increase was largely mix driven; the weighted average borrower rate would have been relatively flat month-over-month without the shift in 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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