Today we are announcing that we’ll be discontinuing the Prosper Daily app as of August 31st. To help our users through this transition, we’ve teamed up with Clarity Money, a personal finance app that offers many of the same features as Prosper Daily. Since its launch in 2016, Prosper Daily has helped people track their […]
Should You Consider Borrowing from Friends and Family?
When people are short on cash, they’re most likely to turn to friends and family, so found a recent finder.com survey. These loans from our loved ones add up to a whopping $184 billion in estimated annual debt. For context, this friends and family debt — or “FF Debt” — is more than what Americans […]
Prosper Performance Update: June 2017
How to Prevent and Manage Medical Debt
The Senate healthcare vote has been postponed and the fate of over 22 million US citizens’ access to healthcare remains unknown. Questions loom large about what a new plan might look like and the affordability of healthcare in general. As those with pre-existing medical conditions fear the possibility of losing their insurance, proposed cuts to […]
Tips for Financing Your Home Improvements
Remodeling a room in your home – whether it’s a kitchen, bathroom or bedroom – is a big task that requires a lot of coordination and planning. The first and often the most daunting task is figuring out how you will finance your project. The good news is that there are a number of options to consider.
Prosper Performance Update: May 2017
Today we are sharing performance data for the Prosper portfolio for May 2017. The weighted average coupon for assets originated through Prosper’s platform in May 2017 was 16.34%i, the highest for a monthly vintage since 2013. The increase was driven by a pricing increase in the AA, A, and B ratings, as well as a higher […]