payoff current loan and new invest on business
Homeownership Verified

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Listing Information
Amount: $25,000.00 Status: Loan created
Grade: E DTI: 37%
Lender Rate: 29% Borrower: jijibaex318
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Default Origination Date: 2007-03-06 EricsCC ROI: -67%
Status History
Mar 07, 2007 Current
Apr 24, 2007 Late
May 07, 2007 1 month late
Jun 09, 2007 2 months late
Jul 07, 2007 3 months late
Aug 07, 2007 4+ months late
Feb 18, 2008 Default
Mar 06, 2008 Repurchased
Jun 10, 2008 Default
my name is peter shi il park
i own a small corporation which called Red Ice Inc (Cellullar phone wholesale and retail company)
when i was making investment on opening Red Ice Inc, i cashed out money from my credit card( this made my credit score down by almost 150 points)
now, im trying to pay off ther credit card dept because they are keep raising interest. and im also trying to put more invest on Red Ice Inc.
Discussion For This Listing
Sat, May 5, 2007
jijibaex318 - #102580. Funded $25,000 loan @ 29%. How many of these are there? Do they realize they are pissing away almost 13 thousand dollars in fees? He has an E rating and provided very little information about a sketchy company.... How the heck did he get funded?
Tue, May 15, 2007
i checked on the state of california website and it appeared to be a legit business in a dynamic area of Los Angeles. The guy sounded like he was Korean in Koreatown. Gentrifying! Also, claimed a location in another heavily asian part of greater LA. I thought it was worth a shot for a small amount, but I should have followed my suspicions of any young business owner without a web presence.
Sat, July 28, 2007
This is pretty sad. I wish Prosper would repurchase this loan.
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