Seeking $5,000 to payback family member.
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 15% |
| Lender Rate: | 10% | Borrower: | erin_nsb |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-05-31 | EricsCC ROI: | 7% |
| Status History | |
|---|---|
| May 31, 2007 | Current |
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Purpose of loan: I am requesting a loan for $5,000 in order to pay back a family member that gave my husband and I money toward the purchase of our home. My financial situation: I believe that I am an excellent candidate to loan money to for several reasons: 1. I will always make my monthly payments on-time and will pay this loan back early. 2. My husband and I are currently working the steps of Dave Ramsey?s Total Money Makeover (http://www.daveramsey.com/etc/cms/baby_steps_2867.htmlc). We are living each month by a budget, ensuring that each dollar has a name and a purpose before we get paid. We have already eliminated (with the help of my husband's first prosper loan) all credit/consumer debt except for my last student loan with a $2,100 balance, and my husband's most recent prosper loan for $5,000. 3. Unlike many potential borrowers, I am very aware of my current financial situation. Here is some information that you might find helpful in making your decisions whether to lend to me: Assets Primary Residence: $220,000 Car 1: $4,975 Car 2: $5,975 Checking: $956 Savings: $1,000 401K: $1,000 Roth IRA: $500 Liabilities Mortgage: $185,000 2nd Mortgage: $35,500 Husband's Current Prosper Loan: $5,000 Student Loan: $2,100 Net Worth (assets - liabilities): $6806 Budget Net Income: $5542 Charity: $656 Housing: $1,585 Utilities: $293 Food: $380 Transportation: $356 Clothing: $24 Medical: $170 Personal: $454 Recreation: $30 Debt: $225 THIS PROSPER LOAN (EST): $169 Monthly Surplus: $1369 As you'll see, my husband and I will have just over $1200 to use each month toward our financial goals. If you have any questions about this listing or my payment history/financial situation, please don't hesitate to contact me. |
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