p2p lending at lending club
Online Company, Great Investment!!!
Homeownership Verified

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Listing Information
Amount: $8,000.00 Status: Loan created
Grade: D DTI: 25%
Lender Rate: 21% Borrower: ckuhr517
Time Left: Finished State: MI
Funded: 100% Group: No Bull Investors - We Invest In Good Borrowers
Loan Information
Loan Status: Current Origination Date: 2007-07-05 EricsCC ROI: 17%
Status History
Jul 04, 2007 Current
Brief introduction:

I am a 23 year old  senior  in college majoring in  bio-chemistry.  I have worked very steady jobs since I was  15 years old. I currently work  at MPI research (www.mpiresearch.com)  where I work at least 40 hours a week and make a very good living.  I

Explanation of my current situation:

I make very good money and over the last months I have  been starting an online advertising company with two other partners.  We purchased the webspace (www.collegelifelines.com) and we have been working very drastically to complete work on the site.    We need this money so that we can purchase our information packets  to send out to the businesses that we are targeting.   This website has huge potential to be a new facebook or myspace type blog for college kids with a twist. We will be advertising local companies to college kids and offering local companies their own page on our site, not just some small ad bar in the top right corner.  This is a very safe loan, I have a good track record with my credit and I already have the means to pay back this loan.  I will not be quiting my job for this investment. 

What I am doing with my prosper loan:
 - Purchasing letter head and business cards for the information packets. 
 - Mailing out 30,000 letters to businesses in college towns offering them a cheap space on our site
                                     (30,000 letters has over a few million in advertising profits)
 - I have to pay a graphic designer to finish desinging the images for the website

Gross income from all sources after taxes: 1440.00
 
Rent:$350
Phone: $40
Cable: $35

Electricity: $35
Food: $120
Gas for vehicle and misc. expense(books, clothes, etc): $200
-----------------------
Total Monthly Expenses : roughly $780.00

I will have the 400 a month needed to pay my prosper loan with ease.
           
CLOSING REMARKS TO LENDERS:

Please help fund my partners and I in this excellent business opportunity.   We all are currently working and we will have no problem paying back this loan either way.  How ever we have GREAT CONFIDENCE IN THE POTENTIAL THAT THIS SITE HAS TO GROW AND BLOOM!!! thank you for reviewing my listing.



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