operating capital for REI business
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 13% |
| Lender Rate: | 10% | Borrower: | jharvey19 |
| Finished | State: | SC | |
| Funded: | 100% | Group: | Investing with integrity! |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Default | Origination Date: | 2007-05-09 | EricsCC ROI: | -29% |
| Status History | |
|---|---|
| May 09, 2007 | Current |
| Oct 24, 2008 | Late |
| Nov 10, 2008 | 1 month late |
| Dec 11, 2008 | 2 months late |
| Jan 10, 2009 | 3 months late |
| Feb 10, 2009 | 4+ months late |
| Feb 11, 2009 | Default |
|
Purpose of loan: This loan is for operating capital for my REI business. I have recently signed a contract on a home that should bring in 25- 30,000 dollars in profit once I am done. If it does not sell quickly I will use the equity in the finished product to pay back the Prosper loan My financial situation: My situation is stable I have been at ny current job for over 7 years and my wife and I gross over 80k a year. My monthly budget: Mortgage/rent: $ 1054 Insurance: $ 136 (2 cars) Car expenses: $ 630 (2 cars) Utilities: $ 150 Phone, cable, internet: $ 200 Food, entertainment: $ 300 Clothing, household expenses $ 200 Credit cards and other loan payments: $ 400 Other expenses: $ Gas and Daycare 500.00 --------------------------------------- Total monthly expenses: $3570 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 127999 | Op-capital and Re-hab $ for REI BIZ | A | $10,000 @ 10% | Apr 25, 2007 | Withdrawn |
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