San Francisco – April 2, 2025 – Prosper Market, the primary peer-to-peer lending platform in the USA, has introduced the outcomes of its “Financial Perceptions & Private Finance” examine, which point out a major decline in monetary confidence amongst shoppers. The survey discovered 46% of shoppers really feel their revenue has not stored up with inflation, and solely 31% imagine their private funds are higher than they have been earlier than the COVID-19 pandemic.
“Nobody can serve shoppers successfully with out realizing what their considerations and desires are, and the way they’ve advanced over time,” stated David Kimball, CEO of Prosper. “The outcomes of our newest survey point out that buyers are much less assured about their funds than they have been eight years in the past, and fewer than half imagine situations will enhance throughout the subsequent 5 years.”
The 2024 Prosper examine—the follow-up to a earlier examine in 2016—reveals:
- Financial Perceptions: 45% of People really feel the economic system had worsened for the reason that pandemic, however 48% thought issues would enhance within the subsequent 5 years. Males have been extra optimistic (55%) than ladies (41%).
- Funding Gaps: Most People aren’t investing. A whopping 68% of respondents stated they’d no investments, and ladies have been disproportionately affected—practically 8 in 10 reported not investing.
- Debt Troubles: Bank card debt rose quick. In 2024, 63% of customers stated they aren’t ready repay their balances in full, up sharply from 45% in 2016.
- Dwelling Paycheck to Paycheck: Extra folks really feel stretched. By the top of 2024, 57% stated they lived paycheck to paycheck, in comparison with 48% in 2016.
- Low Monetary Confidence: Solely 42% of respondents really feel assured they might deal with a monetary emergency, leaving many weak to sudden prices.
“Prosper stays dedicated to creating the accessible, reasonably priced options that assist create extra alternatives for People to realize their monetary targets throughout current market situations, and over the long run,” Kimball added.
The survey of U.S. family monetary decision-makers aged 18 and over was ready by Qualtrics Edge. To learn your entire survey, please click on right here.
About Prosper
Based in 2005, Prosper launched U.S. shoppers to an modern new strategy to private finance known as peer-to-peer lending. Virtually twenty years later, Prosper has helped over 2 million prospects obtain monetary well-being via a complete suite of merchandise.
Prosper’s flagship private mortgage market continues to supply a novel worth for debtors and buyers alike. Dwelling fairness loans and features of credit score via Prosper present householders a variety of choices and decisions for tapping into the fairness they’ve labored arduous to construct. The Prosper® Card helps folks searching for entry to credit score and suppleness in managing their funds.
Whatever the product, Prosper is devoted to assembly folks the place they’re of their monetary journey, with a view to advance their monetary well-being. Be taught extra at www.prosper.com.
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