p2p lending at lending club
Business Start Up
Homeownership Verified

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Listing Information
Amount: $20,000.00 Status: Loan created
Grade: C DTI: 8%
Lender Rate: 25% Borrower: millvalley2720
Time Left: Finished State: NC
Funded: 100% Group: (No Group)
Loan Information
Loan Status: 4+ months late Origination Date: 2007-06-19 EricsCC ROI: -14%
Status History
Jun 19, 2007 Current
Sep 03, 2007 Late
Sep 21, 2007 1 month late
Oct 20, 2007 2 months late
Nov 23, 2007 3 months late
Dec 20, 2007 4+ months late
Purpose of loan:
The purpose of this loan is to assist in starting a real estate brokerage firm. The primary objectives are to be profitable, recruit and hire self motivated sales agents, maintain on office of 15 agents by year three, develop a solid corporate identity, realize a positive return within 12 months

My financial situation:
My finanical situation is on a scale of 1 - 10 about 5. Investors are welcome. Before I found Prosper.com my plan was to pay  50% of monies loaned at the end of one year. I am a great candidate because I will become a mentor to other divorced,black female. My real estate company will focus on diversity and my goal is to be profitable to the point of donating a scholarship in year 2

Monthly net income: $

Monthly expenses: $
  Housing: $
  Insurance: $
  Car expenses: $
  Utilities: $
  Phone, cable, internet: $
  Food, entertainment: $
  Clothing, household expenses $
  Credit cards and other loans: $
  Other expenses: $
Discussion For This Listing
Sun, August 26, 2007
I so wanted to believe this person. But it just reaffirms that if a person has been deliquent 22 times in the last 7 years, why would I expect her to pay this bill, sigh. I sure hope it is just a glitch in the bank transfer!
Francie
Sun, August 26, 2007
And if she is delinquent, makes you wonder about endorsements as well.
Tue, September 4, 2007
I agree. I am getting more and more fond of the SuperCleanCredit group. Those people have a 0-0-0 credit report. For whatever reason, they are not usually A or B (or maybe those do not come in at high enough bids to come up for me since I ask for a pretty high rate of return.) They are getting bid down more aggressively, but they also don't seem to default. Past history is more telling than future promises of changed ways, huh?

Francie
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