p2p lending at lending club
REINVESTMENT IN PROSPER. NO PROBLEM BORROWER!
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Listing Information
Amount: $2,000.00 Status: Loan created
Grade: AA DTI: 12%
Lender Rate: 7% Borrower: reddydave
Time Left: Finished State: KY
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2007-08-08 EricsCC ROI: 5%
Status History
Aug 07, 2007 Current

Purpose of loan:
(explain what you will be using this loan for)
I am goimg to reinvest the total of this loan back into prosper. I have been a lender for about 8 months and wanted to see the borrowing side of prosper.com.  I invest my savings in government bonds, savings accounts, IRA's, 401K's and money markets.  I am very impressed by the rate of returns for short term investments on this site.  I have more than enough to cover this loan in my savings.  I am an industrial technician living in a low housing cost area.  My total mortgage payoff is around $25000.  If you have any questions, please e-mail me. Thanks for looking.  
My financial situation:
(explain why you are a good candidate for paying back this loan)
I have outstandanding credit and a very steady salaried income. I grossed $61,000 last year.
Monthly net income: $
3000
Monthly expenses: $
  Housing: $ 365        
  Insurance: $ 85
  Car expenses: $ 400
  Utilities: $ 180
  Phone, cable, internet: $ 125
  Food, entertainment: $ 200
  Clothing, household expenses $ 100
  Credit cards and other loans: $ 400
  Other expenses: $ 100

Borrower's Other Listings
382984 FIRST LOAN PAID AHEAD OF SCHEDULE! NO PROBLEM BORROWER!! AA $3,500 @ 7% Aug 14, 2008 Loan created

 

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