Today we are sharing performance data from the Prosper Portfolio for July 2019. Highlights from the report include: In July, 67% of originations were rated AA-B, up 159 bps month-over-month. The dollar‑weighted average FICO was flat month-over-month at 718. The weighted average income of borrowers on the platform in July was ~$102K, relatively flat year-over-year. […]
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6 Lessons for Teaching Financial Literacy to Your Child
Introducing the Prosper Invest Mobile App
Prosper is excited to announce the launch of the Prosper Invest mobile app. Available on both iOS and Android, the app lets Prosper’s individual investors now manage their account from their mobile device – from adjusting their investment portfolio, to transferring and allocating funds, to checking their returns. The Prosper Invest mobile app can be […]
Prosper Performance Update – June 2019
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 […]
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 […]