Trying out borrowing...don't need the money...
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Listing Information
Amount: $15,000.00 Status: Loan created
Grade: AA DTI: 2%
Lender Rate: 9% Borrower: Filman
Time Left: Finished State: CA
Funded: 100% Group: Washington University St Louis
Loan Information
Loan Status: Paid Origination Date: 2007-03-08 EricsCC ROI: 9%
Status History
Mar 08, 2007 Current
Jul 14, 2007 Payoff in progress
Jul 19, 2007 Paid
My monthly after tax after expenses income is in excess of $4000.  I have been a lender on Prosper for a while, and I do not need the money, but I wanted to see how low a rate I could get on here.  I am intentionally starting out the rate at the maximum, to see how quickly the loan will be bid down.

I will use the loan proceeds for investments--including re-investing into Prosper.  I am currently holding several times the requested amount in liquid cash, so the amount will be fully collateralized.

I am not giving any more information here because I believe my income and my credit rating speak for themselves, but if anyone has any specific question please let me know.
Borrower's Other Listings
408764 Liquidity Bridge Loan to finish up backyard improvement... AA $24,680 @ 12% Oct 05, 2008 Loan created

 

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