Business Expansion

| Listing Information | |||
|---|---|---|---|
| Amount: | $20,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 25% |
| Lender Rate: | 14% | Borrower: | michaelm1 |
| Finished | State: | MD | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Repurchased | Origination Date: | 2007-08-01 | EricsCC ROI: | -70% |
| Status History | |
|---|---|
| Aug 01, 2007 | Current |
| Sep 18, 2007 | Late |
| Oct 03, 2007 | 1 month late |
| Nov 02, 2007 | 2 months late |
| Nov 23, 2007 | Repurchased |
|
Purpose of loan: (I will be using this loan to expand my current business. I am a mortgage broker and have been in business for 4+ years now. I am interested in expanding by implementing several new campaings with proven sucess rates.) My financial situation: (I am a good candidate for paying back this loan, due to my excellent credit history. And having always paid my bills ontime) Monthly net income: $ 8,300 Monthly expenses: $ 4,431 Housing: $ 3,462 Insurance: $ 100.00 Car expenses: $ 279 Utilities: $ 100.00 Phone, cable, internet: $ 60.00 Food, entertainment: $ 150.00 Clothing, household expenses $ 100.00 Credit cards and other loans: $ 180.00 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 172927 | Home Improvements | AA | $20,000 @ 14% | Jul 20, 2007 | Withdrawn |
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Discussion For This Listing
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