Today we are sharing performance data from the Prosper Portfolio for March 2020.
Highlights from the report include:
- In March, approximately 66% of originations were rated AA-B. The dollar-weighted average FICO score on the platform was 725, representing a 2-point increase month‑over-month.
- The weighted average annual income of borrowers on the platform in March was $114K, which represents an 8% increase year-over-year.
- The weighted average borrower rate for March originations increased by 7 bps month-over-month.
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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