Help with bills and my ebay business
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 38% |
| Lender Rate: | 17% | Borrower: | eitelj99 |
| Finished | State: | MI | |
| Funded: | 100% | Group: | BORROWERS - Free instant Listings - LARGEST GROUP |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-03-09 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Mar 08, 2007 | Current |
|
I am 26 years old and living in Michigan with my fiance and her 2 kids. I am looking to get start-up money to finance a business that I have been pursuing for about 2 years now. My plan is to be making a full-time income within a year of starting. I have been a member on ebay for about 6 years now, and am very comfortable with it. I want to start my own ebay business selling products from wholesale sources, garage sales, estate sales, local auction and local sales/liquidations. I have tested all of these methods and I have succeeded. I want to take it to the next level. My feedback score is 100%, check it out, my ebay screen name is eitelj99. What will I do with the loan money? 1. I own a second car that I want to sell and it's worth about $14,750. The problem is, I owe about $15,500. I will use a small amount of money to be able to pay this loan off when I sell it in March or April. Once this auto loan is paid off, it will free up about $600/mo.(payment+insurance) This is more than enough to pay for the loan I am requesting! 2. I will use the rest of the money to finance my business: business license, tax I.D., business materials, and inventory. My current income: I will be making at least $1500/mo. trading on the foreign currency market. I have about a year of experience doing this type of trading successfully on a demo account part-time. I have invested $1000 to start trading on a live account starting Feb. 26. I will also receive about $1600/mo. for unemployment starting in March. My Fiance also makes about $3000/mo. gross. Household income: about $6000/mo. gross Household expenses: morgage: $1320 Auto's: $700 utilities/cable/internet/phone:$250 credit cards/student loans: $500 As you can see, although I don't have the best credit right now, I do have a plan my family's future. I just need some financial help getting started. My credit has been getting steadily better the past couple of years. Please don't hesitate to ask me any questions, Thanks a lot! |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 102595 | Starting a business and consolidating bills | C | $10,000 @ 15% | Feb 22, 2007 | Withdrawn |
| 102831 | Need start-up money! | C | $5,000 @ 16% | Feb 23, 2007 | Withdrawn |
| 393818 | Invest in an Established Website | D | $20,000 @ 30% | Sep 06, 2008 | Withdrawn |
| 394063 | Invest in an Established Website | D | $12,000 @ 35% | Sep 06, 2008 | Withdrawn |
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