A Year in Prosper (Infographic)

This one falls under the category of recently discovered.  The second largest peer to peer lending platform in the United States Prosper had a pretty spectacular year according to their published info. Boosted in part from growing institutional demand, Prosper experienced some pretty spectacular growth including:

  • 346% increase in total borrowers from 33,900 to 123,000
  • A health boost in lending as this number climbed from $357 million to $1.57 billion
  • Average size of loan: $12,976
  • Average interest rate: 14.19%
  • Debt consolidation is still topping the list of reasons for getting a loan on Prosper
  • Prosper claims 1/3 of the consumer credit marketplace today

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A year in Prosper 2014 Peer to Peer lending

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