p2p lending at lending club
First Motorcycle

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Listing Information
Amount: $8,000.00 Status: Loan created
Grade: C DTI: 12%
Lender Rate: 15% Borrower: aaronrun
Time Left: Finished State: WI
Funded: 100% Group: 435 Supporting Lenders - Get FUNDED @ LOWER % than ANY group
Loan Information
Loan Status: Paid Origination Date: 2006-06-22 EricsCC ROI: 14%
Status History
Jul 12, 2006 Current
Nov 06, 2006 Paid
Hi it's Aaron again in for round number two :) I first off want to extend my most sincere thanks to everyone who took a look at my listing the first time around and especially to my lenders. I really appreciate the feedback I got from a few of you about raising my max interest rate. As you can see I'm now accepting 17.75%, up from 15 last time. On to my personal info.

The purpose of this listing is to borrow money to purchase my first streetbike. My dad has always loved riding and I guess he passed that down to me. I'm all licensed and set to go, I just need a bike now. I can't wait to get out there with him.

I'm a very hardworking and focused person and am planning on working two jobs this summer in order to save up money for the bike. My full time job for the last 11 months has been at the Roundy's distribution center in my area. I also work at my old high school during the summer, teaching swim lessons to kids between 3 and 12 years old as part of a American Red Cross program.
As far as my credit rating goes, I'm kind of disappointed that it shows up as a C. At Eloan.com they let you check your credit score and according to them and one of my credit card companies my score is at 699 as of June 6. The breakoff for the B class starts at 680 so I'm not sure what the deal is but I hate to be misrepresented. The most important thing I can tell you is that I stay completely up to date with my finances and have had flawless history to date. I always pay on time and always more than the minimum amount requested. With more credit experience and time I am certain my rating will go to AA.

I still have hope that I can get some help from Prosper and love the idea of being able to pay interest to individual inventors instead of making a bank richer. Thanks again for your support.
Borrower's Other Listings
16395 First Motorcycle C $8,000 @ 15% May 28, 2006 Expired

 

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