p2p lending at lending club
Educational Expense
Homeownership Verified

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Listing Information
Amount: $3,000.00 Status: Loan created
Grade: A DTI: 13%
Lender Rate: 9% Borrower: LD3Design
Time Left: Finished State: CO
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2007-05-21 EricsCC ROI: 6%
Status History
May 19, 2007 Current
Purpose of loan:

I need to apologize on the previous listing.  I realized I listed my gross income instead of my net. 
  
My daughter has been accepted to school out of state, and will be moving to California.  This loan will enable her to secure her housing as well as defer the cost of moving for the period of time she is in school.  Although I will be responsible for the loan, we feel strongly that our daughter contribute in the payments for the loan.  This will help her gain the necessary respect for money and how to handle money.   This loan will give her the proper start for college.

My financial situation:


I am stable in my employment, and have been in the same career field since I graduated from college.  Although my wife income was not utilized, she is fully supportive of this request.  I would also like to state that my 401K which could be utilized to pay this debt if circumstances dictated. 

Monthly net income: $ 5000.00

Monthly expenses: $
  Housing: $ 2350
  Insurance: $ 250
  Car expenses: $ 109
  Utilities: $ 200
  Phone, cable, internet: $ 150
  Food, entertainment: $ 300
  Clothing, household expenses $300
  Credit cards and other loans: $ 450
  Other expenses: $ 200
Borrower's Other Listings
134358 Educational Expense A $3,000 @ 11% May 08, 2007 Withdrawn
248641 Pay off CITI C $4,000 @ 19% Dec 10, 2007 Expired
252983 Pay off CITI C $3,900 @ 17% Dec 19, 2007 Loan created

 

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