Today we are sharing performance data from the Prosper Portfolio for June 2019. Highlights from the report include: In June, 65% of originations were rated AA-B and the dollar‑weighted average FICO was 718, relatively flat month‑over-month. The weighted average income of borrowers on the platform in June increased by $4,596 year-over-year, to ~$103K. The weighted […]
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Prosper Performance Update – May 2019
Today we are sharing performance data from the Prosper Portfolio for May 2019 Highlights from the report include: In May, 66% of originations were rated AA-B and the dollar weighted average FICO was 717, relatively flat month-over-month. The weighted average income of borrowers on the platform in May increased by $7,957 year-over-year, to $103K. The […]
Your Credit Score Just Dropped: Here’s Why
Did you get an unwanted surprise recently when your credit score dropped? Before you panic over an unexpected decrease, understand that everyone’s credit score fluctuates based on several factors, most of which have relatively easy fixes. Credit Score Drop Reason #1: Were you recently late on a payment or miss a payment altogether? Of the […]
Paying for a Summer Vacation: Your 3 Best Options
Summer is here and vacations are calling. Whether you’re dreaming of an exotic trip or a weekend getaway, it can get pricey fast. Wondering if you can afford a summer vacation, and if so, what’s the best way to pay for it? Estimate the Cost and Adjust As Necessary Last summer, Bankrate estimated a vacation […]
#MyProsperStory Spotlight
“I’ve lived most of my life paycheck-to-paycheck, always fearful of some catastrophic expense. Debt had become so normalized that I didn’t even blink as I took on more and more. I had my share of credit cards and paid more than the minimums, but never really made headway toward paying them off. As time has […]
Prosper Performance Update – April 2019
Today we are sharing performance data from the Prosper Portfolio for April 2019. Highlights from the report include: In April, 65% of originations were rated AA-B and the dollar weighted average FICO was 717, relatively flat month-over-month. Weighted average income of borrowers on the platform in April increased by $9,493 year-over-year. The weighted average borrower […]