Excellent Credit. Reinvesting in Prosper

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 4% |
| Lender Rate: | 10% | Borrower: | stevenedo |
| Finished | State: | NC | |
| Funded: | 100% | Group: | www.P2P-Loans.com |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-06-25 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Jun 23, 2007 | Current |
| Aug 28, 2007 | Payoff in progress |
| Aug 31, 2007 | Paid |
|
Hi, I have just fully repaid my previous loan which was for $5,000; the purpose being to reinvest on prosper. I repaid that loan early as I would like to borrow $25,000 for the same purpose. I currently have more than $100,000 invested in prosper from my own funds. I have been tweaking my approach in order to earn decent returns while reducing loans to people who are likely to pay back late. I earn 6 figures and sometimes 7 figures (aiming for 8 figures, of course). I own my own home and have a rental property as well. I net more than $20,000 per month, at least, and use less than half of that for living expenses. Thus, more than $10,000 available each month to pay back my loan. In addition, I have more than $1 million in liquid investments. I have never been late and I will never be late in making payments. My credit rating is very important to me. I will pay you back on time or earlier. My previous loan was funded at 8.05%; I'm starting this one at 10% and hoping to get funded there or lower. I think that should be enough to give you all confidence. I relisted this with another group because the new group leader offered me better terms. Thanks for your bids. Best Regards, |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 103554 | Top AA Credit - reinvesting in Prosper | AA | $25,000 @ 7% | Feb 26, 2007 | Withdrawn |
| 103981 | Safe Loan | AA | $5,000 @ 8% | Feb 27, 2007 | Expired |
| 105695 | Safe Loan | AA | $10,000 @ 8% | Mar 02, 2007 | Expired |
| 107053 | Safe Loan | AA | $10,000 @ 9% | Mar 05, 2007 | Expired |
| 108734 | Excellent Credit. Reinvesting in Prosper | AA | $1,000 @ 7% | Mar 08, 2007 | Cancelled |
| 115002 | Excellent Credit. Reinvesting in Prosper | AA | $5,000 @ 8% | Mar 23, 2007 | Loan created |
| 145670 | Excellent Credit. Reinvesting in Prosper | AA | $25,000 @ 10% | Jun 01, 2007 | Withdrawn |
| 199894 | Excellent Credit. Reinvesting in Prosper | AA | $24,999 @ 9% | Sep 10, 2007 | Loan created |
| 366612 | Excellent Credit. Reinvesting in Prosper | AA | $24,999 @ 10% | Jul 14, 2008 | Withdrawn |
| 369052 | Excellent Credit. Reinvesting in Prosper | AA | $24,999 @ 12% | Jul 17, 2008 | Withdrawn |
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