Today we are sharing performance data from the Prosper Portfolio for September 2019.
Highlights from the report include:
- In September, 66% of originations were rated AA-B and the dollar‑weighted average FICO was 720, relatively flat month‑over-month.
- The weighted average income of borrowers on the platform in September was ~$106K, up 1.3% month-over-month.
- The weighted average borrower rate for September originations decreased 26 bps month-over-month largely as a result of ongoing risk-return calibrations.
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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