Business Expansion/Daughter's Wedding & Grad School

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 33% |
| Lender Rate: | 20% | Borrower: | ejpolkow |
| Finished | State: | MT | |
| Funded: | 100% | Group: | FINANCE & INVESTMENTS |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-06-13 | EricsCC ROI: | -40% |
| Status History | |
|---|---|
| Jun 12, 2007 | Current |
| Jan 30, 2008 | Late |
| Feb 14, 2008 | 1 month late |
| Mar 17, 2008 | 2 months late |
| Apr 14, 2008 | 3 months late |
| May 24, 2008 | 4+ months late |
|
Purpose of loan: My business is growing with leaps and bounds. I have just closed a deal to open a third location of my bussiness this summer in a busy downtown location. I need this loan to help finalize all plans for the opening. I am also seeking this funding to help with the expenses of my daughter's upcoming wedding and her plans to attend grad school. She recently graduated from nursing school with honors from University of Mary in Bismarck North Dakota. (explain what you will be using this loan for) My financial situation:I have been self employed for 13 years. My gross income is $120,000. I am married and my husband has worked as a store director for 29 years with Toys R Us. I have been a home owner for over twenty years. I have lived in my community for 15 years. Of those 15 years my husband and I have served as foster parents for the State Of Montana for 6 years. I value the need of being financially responsible and repaying all those I am indebted to. (explain why you are a good candidate for paying back this loan) Monthly net income: $ 10,000.00 Monthly expenses: $ Housing: $ 1485.00 Insurance: $ 500.00 Car expenses: $ 1000.00 Utilities: $ 200.00 Phone, cable, internet: $ 200.00 Food, entertainment: $ 1000.00 Clothing, household expenses $ 500.00 Credit cards and other loans: $ 500.00 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 142390 | Daughter's Wedding & Home Improvements | C | $25,000 @ 13% | May 24, 2007 | Withdrawn |
| 142402 | Home Improvements & Daughter's Wedding | C | $25,000 @ 20% | May 24, 2007 | Withdrawn |
|
Discussion For This Listing
|
||||
|---|---|---|---|---|
|


