Loan for Ebay Business
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 6% |
| Lender Rate: | 12% | Borrower: | Redleg6 |
| Finished | State: | MO | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-08-22 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Aug 28, 2007 | Current |
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Purpose of loan: I will use the funds to fund my Ebay business. I am just getting it started and things are going well. The money will be used to fund the purchase of inventory for resale. My financial situation: First I will explain the Public Record. It is a bankruptcy from the a couple of years ago. I started a small trucking company and did not structure it correctly. A driver had an accident and I was personally sued. I had no option but to file in order to protect my personal assets. The delinquencies that show currently are left over from the bankruptcy (Medical Bills). I am working to get those cleared off. I am employed full time and have minimal debt now. You can see this by my DTI. Monthly net income: $ 5500.00 Monthly expenses: $ Housing: $ 900 Insurance: $ 100 Car expenses: $ 150 Utilities: $ 250 Phone, cable, internet: $ 150 Food, entertainment: $ 400 Clothing, household expenses $ 300 Credit cards and other loans: $ 100 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 299946 | Loan for Inventory | C | $7,000 @ 20% | Mar 26, 2008 | Expired |
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