Today we are sharing performance data from the Prosper portfolio for April 2018.
Highlights from the April report include:
- Prosper is continuing to migrate to a lower risk book. In April, 55.2% of assets were rated AA-B vs. 53.5% in March.
- The WA Borrower Rate on the portfolio has decreased slightly from March due to the increase in AA-B rated loans while the Dollar WA FICO remained steady at 716.
- Prosper has continued to increase borrower rates in line with the market environment. Since January 2018, the WA Borrower Rate on the platform has increased by 61 bps through May 15, 2018 originations.
As always, 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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