Today we are sharing performance data from the Prosper Portfolio for October 2019
Highlights from the report include:
- In October, 64% of originations were rated AA-B. The dollar‑weighted average FICO on the platform was 720, relatively flat month‑over-month.
- The weighted average income of borrowers on the platform in October was ~$106K, relatively flat month-over-month.
- The weighted average borrower rate for October originations increased 30 bps month-over-month largely due to a shift in Prosper Rating mix.
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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