Today we are sharing performance data from the Prosper Portfolio for August 2018. Highlights from the August report include: In August, 63% of originations were rated AA-B as Prosper continues to reduce the risk profile of originations on its platform. Dollar Weighted Average (WA) FICO for August was 717, an increase of 2 points since […]
Your credit score is an important part of your financial well-being. It’s one of the key factors lenders review to determine if they’re willing to offer you a new loan and what the terms will be. Here we’ll help you understand where your credit score comes from and what influences it.
With the end of summer right around the corner, you might be thinking of squeezing in one last getaway. Whether you’re embarking on an old-school road trip or an international expedition, sticking to your budget is always important.
Today we are sharing performance data from the Prosper portfolio for July 2018. Highlights from the July report include:
Prosper is continuing to migrate to a higher rated credit book. ~58% of originations for the month of July were rated AA-B.
When you’re shopping for a personal loan, the first thing you’ll likely want to know is what the interest rate will be. Interest rates don’t tell you everything you need to know, because interest rates alone don’t take into account any fees you may be charged during the life of your loan, such as the origination fee.
This week, Prosper crossed an important milestone on our journey to helping people achieve financial well-being: Over 1 million loans have been originated through the Prosper platform, totaling about $13 billion.