Investing in my future

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Listing Information
Amount: $11,000.00 Status: Loan created
Grade: B DTI: 34%
Lender Rate: 20% Borrower: muffin212
Time Left: Finished State: MI
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2007-07-16 EricsCC ROI: 17%
Status History
Jul 14, 2007 Current
Purpose of loan:
The purpose of this loan is to help establish a retirement plan by investing in a IRA, and a mutual fund. I have a financial planner that is going to help put the money in the right places once I have the funds available to invest. My current employer does not provide any retirement options. My intentions with the remaining money is to eventually within the next year purchase my first home.

My financial situation:
I believe I'm a good candidate for this loan, because of my excellent payment history. I realize that I've only been establishing credit for a few years now, but I have never made a late payment. Maintaining an excellent credit score is something that is very important to me.

Monthly net income: $ 1500         

Monthly expenses: $
  Housing: $ 0.00 (I live with family for free)
  Insurance: $ 50.00 (car insurance)     
  Car expenses: $ 280.00
  Utilities: $ 0.00
  Phone, cable, internet: $ 40.00
  Food, entertainment: $ 200.00
  Clothing, household expenses $ 0.00     
  Credit cards and other loans: $ 0.00
  Other expenses: $ 0.00
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