I have never been late on anything in my life

| Listing Information | |||
|---|---|---|---|
| Amount: | $4,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 12% |
| Lender Rate: | 9% | Borrower: | lapswimmer |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-06-18 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Jun 16, 2007 | Current |
| Aug 02, 2007 | Payoff in progress |
| Aug 07, 2007 | Paid |
|
Purpose of loan: In 1993 I co-signed a loan for a couple of attornys who bought a small airplane from me. It turns out that the loan was a 15 year loan and it matures in June. the balance is approximately $6,000. They told me that they have $2,000 towards it and want me to pay the additional $4,000 which they will pay me back at the rate of 8.75%. I would like to borrow this money from Prosper, which they will pay me back for, so that I have an introduction to Prosper. I am very interested in being a lender, or possibly a borrower similar to my current requirements, and this will be a good introduction to me. My financial situation: I have never missed a payment of any kind in my life. Monthly net income: $ 20,000 plus Monthly expenses: $ Housing: $ 3,000 Insurance: $ 250 Car expenses: $ 0 Utilities: $ 150 Phone, cable, internet: $ 100 Food, entertainment: $ 2,000 Clothing, household expenses $ 250 Credit cards and other loans: $ 3,000 Other expenses: $ various expenses offset by income (ie real estate investments) |
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