p2p lending at lending club
Home Repairs
Homeownership Verified

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Listing Information
Amount: $15,000.00 Status: Loan created
Grade: C DTI: 14%
Lender Rate: 18% Borrower: Joel0719
Time Left: Finished State: MA
Funded: 100% Group: No Bull Investors - We Invest In Good Borrowers
Loan Information
Loan Status: Current Origination Date: 2007-06-01 EricsCC ROI: 14%
Status History
May 31, 2007 Current
Purpose of loan:
(explain what you will be using this loan for)
Home Repairs
My financial situation:
(explain why you are a good candidate for paying back this loan)
In 2006 we put the pictured home on the market and purchased a new home. We were unable to sell the home in 2006. We now we now have a signed P&S to sell the home for 720K

Both my wife and I have 20+ years experience in financial services and IT and earn in excess of 200K. I have a masters degree and my wife has a BA

The High revolving credit is primarily a 250K equity line and the remainder cc. 40K was spent on improvements on our old home prior to putting in on the market. 50K was spent on a new kitchen and remodeling the bathrooms of the new home. 100K was paid to satisfy a state sales tax lien from our business that closed in 1999 and 50K was sepnt to build and furnish a 4 season room in 2004. We have also been paying both mortgages since May 2006.

We have not had a late payment on any debt since our business closed in 1999.


Monthly net income: $
18000.00
Monthly expenses: $
  Housing: $ 3000
  Insurance: $ 250
  Car expenses: $ 725
  Utilities: $ 275
  Phone, cable, internet: $ 250
  Food, entertainment: $ 500
  Clothing, household expenses $ 400
  Credit cards and other loans: $ 2000
  Other expenses: $
Borrower's Other Listings
131977 Home Repairs prior to Sale C $20,000 @ 18% May 02, 2007 Expired
135497 Home Repairs Prior to Closing C $15,000 @ 18% May 10, 2007 Withdrawn
137028 Home Repairs C $10,000 @ 18% May 14, 2007 Withdrawn

 

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