Prosper Rating definition

Prosper Rating means the proprietary rating assigned by the Company to each Borrower Loan at the time it is posted for bids on the Platform.
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Prosper Rating means the proprietary credit rating assigned by the Loan Platform Administrator to each Loan Listing.
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Examples of Prosper Rating in a sentence

  • Any person who visits the Prosper website will be able to view your listing and see your Prosper Rating as well as certain information about the loan you have requested; provided, however, information from your credit report will only be viewable by investor members.

  • Prosper is not under any obligation to cure, indemnify or repurchase a series of Notes because of the Prosper score or Prosper Rating for any other reason, including because the Prosper score or Prosper Rating proved inaccurate.

  • To post a listing, you must provide the amount of the loan you are requesting and the maximum interest rate you are willing to pay, subject to a minimum interest rate based on the Prosper Rating assigned to your listing.

  • Listings include a Prosper Rating, which is a letter grade that may be based on a custom Prosper score that indicates the level of risk associated with the listing and corresponds to an estimated average annualized loss rate range for the listing.

  • Prosper is not, however, under any obligation to cure, indemnify or repurchase a series of Notes because of the Prosper score or Prosper Rating for any other reason, including because the Prosper score or Prosper Rating proved inaccurate.

  • Listings also include a Prosper Rating, which is a letter grade that indicates the level of risk associated with the listing and corresponds to an estimated average annualized loss rate range for the listing.

  • The Loan Platform Administrator shall assign a Prosper Rating and a Prosper Score to each Loan Listing in accordance with the Rating Procedures.

  • With regard to the listing relating to your Note, in the event either of the following occurs: (1) a Prosper score different from the score calculated by Prosper for the listing, or (2) Prosper incorrectly applied its formula to determine the Prosper score, resulting in a Prosper Rating different from the Prosper Rating that should have appeared in the listing, the remedies in Section 8 below shall apply.

  • Any person who visits the Prosper website will be able to view your listing and see your Prosper Rating as well as certain information about the loan you have requested; provided, however, that information from your credit report will only be viewable by lender members.

  • You can also bid by making a “portfolio plan” by indicating the aggregate amount of your funds to be bid on listings that meet your specified criteria, the maximum amount that may be bid on one listing, the minimum yield percentage you are willing to receive, and the specific borrower or loan criteria (for example, Prosper Rating, borrower income or employment characteristics, group affiliation, debt-to-income ratio, etc.) for the listings on which you wish to bid.

Related to Prosper Rating

  • Other Rating Agency means each NRSRO, if any, other than Fitch then providing a rating for the MRP Shares pursuant to the request of the Company.

  • S&P Rating means, at any time, the rating issued by S&P and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • M▇▇▇▇’▇ Rating means, with respect to a Reference Obligation, as of any date of determination:

  • ▇▇▇▇▇’▇ Rating means, at any time, the rating issued by ▇▇▇▇▇’▇ and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • Index Debt Rating means the S&P Rating, the ▇▇▇▇▇’▇ Rating and the Fitch Rating.