REINVESTMENT IN PROSPER. NO PROBLEM BORROWER!

| Listing Information | |||
|---|---|---|---|
| Amount: | $2,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 12% |
| Lender Rate: | 7% | Borrower: | reddydave |
| 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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