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Prosper’s October 2016 Performance Update
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Prosper’s October 2016 Performance Update

Prosper’s October 2016 Performance Update

Fintech Nexus Staff·
News RoundupNorth AmericaOnline LendingUSA
·Nov. 17, 2016·1 min read

Prosper released its October 2016 performance report with the month’s estimated return of 7.12% just below the estimate of 7.17% for the third quarter; in October, vintage prepayment rates continued to trend higher; delinquencies and loss patterns since 2013 are below levels in 2012; cumulative gross charge-offs appear to be a factor trending higher; average FICO of the portfolio was 714.1 in October.  Source

 

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