Today we are sharing performance data from the Prosper Portfolio for March 2021.
Highlights from the report include:
- In March, approximately 81% of originations were rated AA-B remaining relatively unchanged over the prior month.
- The average loan size was ~$13k, increasing 4% month-over-month, and average borrower income was ~110k in March, increasing by 2% month-over-month.
- The median monthly payment on Prosper loan to income (PTI) ratio for March was relatively flat month-over-month at 5.12%.
- The mix-adjusted weighted average borrower rate for March originations was relatively unchanged over the prior 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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