Reinvest in Prosper: AA Credit
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|Loan Status:||Paid||Origination Date:||2007-05-04||EricsCC ROI:||8%|
|May 04, 2007||Current|
|Dec 22, 2007||Payoff in progress|
|Dec 28, 2007||Paid|
Purpose of loan:
As a Prosper lender for 7 months, I have partially funded 18 loans with $1,000 of personal investment capital.
To build my portfolio, I plan to borrow via Prosper and to reinvest the entire balance in additional Prosper loans.
My financial situation:
Due to my stable employment, AA credit, lack of delinquencies, and 0% DTI, I consider myself low-risk.
Although I could repay this loan with personal income, I am more interested in combining the borrowing and lending processes into one investment vehicle.
Thank you very much for your consideration! I look forward to providing you a solid stream of monthly interest.
My monthly budget:
Phone, cable, internet: $70
Food, entertainment: $300
Clothing, household expenses $120
Credit cards and other loan payments: $165
Total monthly expenses: $1400