p2p lending at lending club
Excellent Credit. Reinvesting in Prosper
Homeownership Verified

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Listing Information
Amount: $25,000.00 Status: Loan created
Grade: AA DTI: 4%
Lender Rate: 10% Borrower: stevenedo
Time Left: 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103554 Top AA Credit - reinvesting in Prosper AA $25,000 @ 7% Feb 26, 2007 Withdrawn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 Reinvesting in Prosper AA $25,000 @ 10% Jun 01, 2007 Withdrawn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 Reinvesting in Prosper AA $24,999 @ 10% Jul 14, 2008 Withdrawn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 Reinvesting in Prosper AA $24,999 @ 12% Jul 17, 2008 Withdrawn

 

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