About Us  > Blog

Prosper Ratings: A Refresher

by Prosper on 12/18/09

Prosper Ratings

Every borrower listing on Prosper is assigned a Prosper Rating – a proprietary rating developed by Prosper that allows us to maintain consistency when assigning a rating to the listing.

Prosper Ratings allow you to easily analyze a listing’s level of risk because the rating represents an estimated average annualized loss rate range.

The loss rate is based on the historical performance of borrowers on Prosper loans with similar characteristics and is determined by two scores: (1) the credit score, obtained from a credit reporting agency, and (2) an in-house custom score, the Prosper Score, built on the Prosper population. The use of these two scores will determine an estimated loss rate for each listing (based on the historical performance of previous Prosper loans), which then determines the Prosper Rating.

Learn More about Prosper Ratings

Leave a Comment

Prosper moderates all comments and will approve those that are directly relevant to the post. We do not publish comments that are spam, are offensive or appear to pass you off as another person.

(required) Email will not be published.

Comment Policy


To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word

2 Responses

Paul Johnson | December 19th, 2009 at 5:58 am

I want to give my son a loan to help with his credit rating. I would like to use prosper so that his payments can be tracked and he can improve his credit rating.

Prosper will not let him float a loan (for me to pick up) because his credit rating is to bad.

Shouldn’t this loan decision be mine alone. Prosper could give all sorts of warnings, but I want to do this and I can’t

Ralph Hall | May 15th, 2010 at 10:39 pm

I have a current listing on Prosper to try to get funding for roof repair. I checked my score before I listed and it was 707 on Transunion, yet Prosper listed me as HR. We had a bankruptcy in 2000 and lost everything after my wife had a massive heart attack at 37 yrs. old and was out of work for 4 months. At the time, I had made a job change and took a drastic pay cut, so needless to say we were strapped before she was unable to work. We have clawed our way back in the past ten years to achieve a good credit score and purchased a home 2 years ago. We pay our bills and don’t appreciate being clumped in a category with people who haven’t worked as hard as we have to get back on our feet!

posted in Featured,Lenders,Prosper News 2 comments »

Connect with us



Prosper Introduces Debt Sale Program

By Prosper on 07/21/15   [ 0 ]

By Eric Thaller As part of our ongoing efforts to improve the investor experience on the Prosper platform, we are making changes to the way we deal with charged-off loans.  On July 17th, Prosper introduced a debt sale recovery strategy aimed at delivering an increased level of return for investors in a more timely manner. [...]

Read More

Prosper Opens for Business to Investors in Indiana

By Prosper on 07/13/15   [ 2 ]

Posted By Eric Thaller Today we announced that the Prosper platform is now available to investors in Indiana. With the addition of Indiana, Prosper is now open to investors in 32 states and the District of Columbia. We appreciate the work of the state regulators to bring this investment opportunity to its residents. As one [...]

Read More

Prosper Reaches New Milestones — $4 Billion in Loans Following Another Record Quarter

By Prosper on 07/9/15   [ 0 ]

Prosper Marketplace Reaches New Milestones — $4 Billion in Loans Following Another Record Quarter

Read More

« Older Entries

Monthly Archive

Notice: Blogs and other materials posted on or linked from this page that use the name "Prosper" generally use that name to refer to Prosper Marketplace, Inc. if published before January 31, 2013 and to refer to Prosper Funding LLC if published on or after February 1, 2013.