Third loan on prosper. Other 2 paid 11% max n CT
| Listing Information | |||
|---|---|---|---|
| Amount: | $1,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 14% |
| Lender Rate: | 10% | Borrower: | wealthinventors |
| Finished | State: | CT | |
| Funded: | 100% | Group: | GROUP CLOSED |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-05-02 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| May 04, 2007 | Current |
| Aug 28, 2007 | Paid |
|
Purpose of loan: THE RATE OF 11% IS THE MAX PROSPER ALLOWS ME TO PUT IN BECAUSE I LIVE IN CT. I HAVE NO PROBLEM PAYING A HIGHER RATE BUT I'M NOT ALLOWED TO. I THINK MY RECORD ON PROSPER IN TERM OF PAYING BACK THE LOANS IS VERY GOOD. THANKS FOR YOUR SUPPORT. Hi: This is my third loan on prosper. I have paid the other loans off. Both loans I paid off in a few months. This loan is for my computer parts business. I buy computer motherboard and monitors and re-sell them on ebay and also at computer fairs. This is the same reason I took out the previous 2 loans. They were both short term. I should be able to turn over the inventory in the same amount of time I did with the previous 2 loans. Thanks for your support.My financial situation: The payments I can pay in my current financial position. Plus I can pay the loan of quick as soon as I liquidate the inventory. My previous two loans I paid off in less than 4 months. Please note that $8000 of my revolving debt was used to fund my business. I working on liquidating that inventory now. My monthly budget: Mortgage/rent: $1165Insurance/ house taxes: $400 Car expenses: $457.12 Utilities: $150Phone, cable, internet: $100 Food, entertainment: $500 Clothing, household expenses $400 Credit cards and other loan payments: $546 Other expenses: $100 Total monthly expenses: $3818.12 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 1722 | Paying down my HELOC | C | $3,000 @ 7% | Mar 10, 2006 | Withdrawn |
| 3622 | Get out of Credit Card Debt | C | $3,500 @ 12% | Mar 26, 2006 | Expired |
| 6000 | Paying off Credit Card debt | B | $7,000 @ 12% | Apr 13, 2006 | Expired |
| 7083 | Refinance Business debt | B | $2,000 @ 10% | Apr 23, 2006 | Loan created |
| 23527 | Buying wholesale computer parts for resale | B | $5,500 @ 10% | Jul 07, 2006 | Withdrawn |
| 23821 | Buying wholesale computer parts for resale | B | $5,500 @ 12% | Jul 10, 2006 | Withdrawn |
| 24806 | Buying computer parts wholesale. 11.75 max loan rate in CT | B | $6,500 @ 12% | Jul 15, 2006 | Expired |
| 34401 | Second short term loan. First one already paid off | B | $1,900 @ 10% | Aug 26, 2006 | Loan created |
| 90554 | Third loan on prosper. Other 2 paid. Max rate in CT 12% | C | $15,000 @ 11% | Jan 29, 2007 | Withdrawn |
| 117346 | My 3rd loan on Prosper . Other 2 paid off 11% max rate in CT | C | $5,000 @ 11% | Mar 30, 2007 | Expired |
| 121343 | 3rd loan on prosper. Two paid off. 11% is max rate in CT | C | $6,000 @ 11% | Apr 09, 2007 | Expired |
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