Help with new Radio ministry and investment home improvement

| Listing Information | |||
|---|---|---|---|
| Amount: | $9,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 33% |
| Lender Rate: | 15% | Borrower: | jlady1990 |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Default | Origination Date: | 2007-07-26 | EricsCC ROI: | -60% |
| Status History | |
|---|---|
| Jul 26, 2007 | Current |
| Dec 13, 2007 | Late |
| Dec 27, 2007 | 1 month late |
| Jan 30, 2008 | 2 months late |
| Mar 01, 2008 | 3 months late |
| Mar 28, 2008 | 4+ months late |
| Dec 29, 2008 | Default |
|
Purpose of loan: Hello Prosper Family, This Loan will be used to upgrade and make some improvements to our investment home and help in financing my new radio ministry. Between the two homes I own, I have over $70,000 in equity, but do not want to tap into that and take 30 years to pay. I am also a lender with Prosper and looking forward to lending money as well. I work as a manager for a Fortune 500 company and a licensed minister of the Gospel. God has blessed me, bottom line, God has blessed me. My financial situation: I am a homeowner with 2 homes who works for a Fortune 500 company as a manager with a great income I have over $70,000 in equity between the two homes. Monthly net income: $5000 plus... Monthly expenses: $ Housing: $ 1776 Insurance: $ 150 Car expenses: $ 513 Utilities: $ 299 Phone, cable, internet: $ 100 Food, entertainment: $ 75 Clothing, household expenses $ 100 Credit cards and other loans: $ 75 Other expenses: $ 75 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 145827 | Home Improvment and New Business | D | $15,000 @ 8% | Jun 02, 2007 | Withdrawn |
| 146008 | Home Improvments for Primary and Investment home | D | $15,000 @ 15% | Jun 02, 2007 | Withdrawn |
| 149494 | Home Improvments for Primary and Investment home | D | $15,000 @ 16% | Jun 09, 2007 | Expired |
| 154789 | Home Improvments for Primary and Investment home | D | $9,000 @ 16% | Jun 19, 2007 | Expired |
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Discussion For This Listing
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