Leading Marketplace Lending Platform and Top 25 U.S. Bank Bring Together Strengths in Fintech and Digital Banking to Dramatically Improve the Home Equity Line of Credit (HELOC) Experience for Homeowners HELOC Platform Now Available to Customers in Alabama, Arizona, Florida and Texas via Prosper’s website and available soon to a select group of BBVA USA […]
Prosper Blog
How A Fixed-Rate HELOC Option Works
Prosper Performance Update – September 2019
Today we are sharing the performance data for the Prosper Portfolio for September 2019. 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.
Your Top 5 HELOC Questions Answered
A home equity line of credit, or HELOC, is a great option for many homeowners. You can use a HELOC to fund a home renovation, finance a large purchase, or consolidate debt. Like any type of loan, it’s important to know the pros and cons of a HELOC and figure out if it’s the best fit for your needs. We’ve answered some of the most common questions about home equity lines of credit here.
Fed Funds Rate Just Dropped Again: Will Your Interest Rates Go Down?
The Federal Reserve (Fed) lowered its benchmark interest rate by a quarter point in late July 2019 and again in September to a current range of 1.75 to 2 percent. This was headline news because these were the first cuts to the federal funds rate since the 2008-09 recession.
But is it news for your budget? Will you see a corresponding
drop in the interest rate you pay on your loans? That depends.
Prosper Performance Update – August 2019
Today we are sharing performance data from the Prosper Portfolio for August 2019. 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.