This might be a proprietary get program similar to a credit rating in that it is predictive of your own likelihood of financing standard. Do just fine uses that it get when you look at the means the cost in your loan.

The fresh Do just fine Score is determined by a variety of situations, including your FICO score, the definition of of one’s financing, expected losings rates, monetary ecosystem, and you will competitive environment.

The major Prosper Rating are AA. With this score, if you were to sign up for an effective $ten,000 financing toward good 3-seasons title, you’ll see mortgage of five.31 and you may a two.41% origination fee. At the other end of your range, Hour is the lowest Excel Get and has now an optimum speed out of % Annual percentage rate to possess an excellent about three-year mortgage. Five-seasons label loans come anyway Excel Score membership, but merely a good [...]