Purchase a Used Car

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Listing Information
Amount: $2,200.00 Status: Loan created
Grade: B DTI: 33%
Lender Rate: 12% Borrower: ezerkd
Time Left: Finished State: MO
Funded: 100% Group: Credit Card Consolidation
Loan Information
Loan Status: Paid Origination Date: 2007-05-22 EricsCC ROI: 11%
Status History
May 21, 2007 Current
Sep 29, 2007 Payoff in progress
Oct 04, 2007 Paid

Purpose of loan:
The purpose of this loan is to purchase a used vehicle to commute back and forth to work.  I was not planning on purchasing a car until the fall.  Just today a good friend of mine was listing his vehicle for sale.  He wanted to trade it in for a new vehicle, but the dealer did not want to give him the true value of the vehicle.  He has agreed to sell it to me for less that then the blue book value.  Unfortunately, I am just a little short.  I am a current lender on Prosper so I thought I would try the barrowing side.  Thank you for your consideration.

My financial situation: 
Like most of you I am working to improve my credit.  All of my bills are current and I intened to pay this loan back in less than 12 months.   

Monthly net income: $ 6600

Monthly expenses: $ 4440
  Housing: $ 0 Paid in full
  Insurance: $ 250    
  Car expenses: $ 450
  Utilities: $ 250
  Phone, cable, internet: $ 140
  Food, entertainment: $ 300    
  Clothing, household expenses $ 350
  Credit cards and other loans: $ 2200
  Other expenses: $ 500


 

Borrower's Other Listings
258962 Pay off a high interest loan C $7,500 @ 14% Jan 02, 2008 Withdrawn
416586 Pay off a high interest loan B $7,500 @ 15% Jul 15, 2009 Expired
422089 Pay off a high interest loan C $7,500 @ 26% Aug 31, 2009 Expired
431294 Paying of a Loan C $4,500 @ 28% Nov 02, 2009 Loan created
475170 Paying of super high interest debt E $4,950 @ 20% Sep 13, 2010 Expired
483103 Paying of super high interest debt HR $4,500 @ 18% Nov 08, 2010 Expired

 

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