Need a loan until I get my commission check

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 11% |
| Lender Rate: | 12% | Borrower: | GANNONBANK |
| Finished | State: | NY | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-08-06 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| Aug 03, 2007 | Current |
| Feb 14, 2008 | Payoff in progress |
| Feb 20, 2008 | Paid |
|
Purpose of loan: (explain what you will be using this loan for) I get my commission check in February of every year. This year we did some work to the house and I would rather not borrow from my 401k to pay for these improvements. This loan will be repaid by February 15th, 2008 in full. My financial situation: (explain why you are a good candidate for paying back this loan) I have never defaulted on any loans, never borrow from family and I have never failed in my responsibilities to anyone. Monthly net income: $ $8,500 not including other income of $5,000 per month. Total for the year is never less than $300k. Monthly expenses: $ Housing: $ 3800 Insurance: $100 Car expenses: $100 Utilities: $ 575 Phone, cable, internet: $200 Food, entertainment: $ 1000 Clothing, household expenses $800 Credit cards and other loans: $ 500 Other expenses: $ 0 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 335021 | Need a loan until I get my commission check | A | $22,000 @ 9% | May 18, 2008 | Withdrawn |
| 336972 | Need a loan until I get my commission check | A | $22,000 @ 13% | May 21, 2008 | Loan created |
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