Reinvest in Prosper
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 11% |
| Lender Rate: | 9% | Borrower: | Mr-Lender00 |
| Finished | State: | MD | |
| Funded: | 100% | Group: | AA 5 Star Lenders |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-06-13 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Jun 13, 2007 | Current |
| Mar 19, 2008 | Payoff in progress |
| Mar 20, 2008 | Paid |
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Purpose of loan: Used for reinvesting money in Prosper to continue a constant cashflow. My financial situation: I am in the military being promoted in July, twenty-three (23) and rent from a family, living with them, in their house. I have a credit limit much higher than normal for my age group. I take care of all debts, way before they become a problem. I consider myself responsible and am looking to recapitalize the loan I earn to increase my revenue. I am looking to become a wealthy individual by age 30 with revenue coming from reinvested passive income. All the monthly payments I have are listed below. Monthly net income: $ 2, 718 Monthly expenses: $ 1, 314 Housing: $ 600.00 Insurance: $ Car expenses: $ 100, Gas Utilities: $ None, included in housing Phone, cable, internet: $ 64, Phone; cable and internet included in rent Food, entertainment: $ 300 Clothing, household expenses $ 50 Credit cards and other loans: $ 200 Other expenses: $ Medical: $ None, included in military benefits Dental: $ None, included in milibenefit Monthly expenses deducted from net income made into an annual value: $ 32,616 (net income) - $ 15,768 (expenses) = Yearly adjusted income: $ 16,848 Yearly expenses: $1,150 Visiting family: $ 400 Presents: $ 250 Routine car maintence: $ 700 Anything misc.: $ 500 Total yearly adjusted liquid income: $15,698 Left over, average, to pay loan: $1,408/month (+/- $ 200, for unforseen gains or losses) |
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