April ushers in National Financial Literacy Month at a time when statistics show that most of us could use a refresher in financial education. Recent reports indicate that the average American has five times more in credit card debt than they do in savings. According to CreditDonkey, the average person’s credit card debt in the […]
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Tips for Keeping Your Budget on Track This Holiday Season
This holiday season, give yourself the gift of better financial well-being by keeping your budget on track. Between presents, travel and celebratory gatherings, it can be easy to overspend—but sticking to your financial plan is well worth the extra effort. Check out our seven tips for staying on budget this holiday season: 1. Avoid spontaneous […]
Prosper Performance Update: October 2018
Today we are sharing performance data from the Prosper Portfolio for October 2018. Highlights from the October report include: In October, 63% of originations were rated AA-B as Prosper continues to reduce the risk profile of originations on the platform. Dollar WA FICO for the month of October was 716, relatively flat month-over-month and an […]
#MyProsperStory Investor Q&A with Prosper Investor Scott Langmack
Scott Langmack is the Founder and Managing Partner of Incline Fund Management LLC, the first investment firm in the marketplace lending industry. The strategy has since been ranked #1 in the fixed income industry by BarclayHedge. We reached out to learn more about Incline and Scott’s experience working with Prosper. Here’s what he had to […]
Prosper Webinar: June 2nd
We are excited to host a webinar to share an update on performance of loans through Prosper with our investor community. The webinar will take place on Thursday, June 2nd at 1pm ET/10 am PT and will be presented by Prosper Marketplace executives, David Kimball, Chief Financial Officer; Brad Pennington, Chief Risk Officer and Eric Thaller, […]
#MyProsperStory Spotlight: Mother’s Day Edition
Let’s face it, motherhood isn’t easy. It’s a constant juggling act making sure lunches are made, homework is done and kids are safely carted from one after school activity to another. And raising little ones is certainly more of a challenge when you’re a single parent. In honor of Mother’s Day, Prosper Marketplace wants to […]