Long time lender, first time borrower

| Listing Information | |||
|---|---|---|---|
| Amount: | $1,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 19% |
| Lender Rate: | 6% | Borrower: | mdolfan25 |
| Finished | State: | NY | |
| Funded: | 100% | Group: | FUTURE FINANCIAL FREEDOM 1 |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-05-30 | EricsCC ROI: | 6% |
| Status History | |
|---|---|
| May 29, 2007 | Current |
| Mar 17, 2008 | Payoff in progress |
| Mar 20, 2008 | Paid |
|
Purpose of loan: Well first off I just want to say that I love Prosper. The purpose of this loan is to just get a better idea of what it's like to be on the other side. I have been a lender on Prosper for about 7 months now and would like to see what it's like being a borrower. I intend to fully reinvest this money back into prosper. Thanks for your consideration. My financial situation: I always pay all my bills on time as you can see by my rating. I intend to pay this loan back by paying $50 a month, this way investors can get a little bit of a return, unlike if I were to pay it in full like originally planned. I would love to get any feedback from seasoned lendors and borrowers alike, I would love to hear how other are fairing with Prosper. Thank you again for your time and consideration. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 276335 | Loan Consolidation | A | $6,800 @ 10% | Feb 05, 2008 | Cancelled |
| 287410 | Dept consolidation | A | $8,500 @ 12% | Mar 03, 2008 | Withdrawn |
| 289551 | Dept consolidation | AA | $8,500 @ 9% | Mar 06, 2008 | Loan created |
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