Investment
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 51% |
| Lender Rate: | 16% | Borrower: | wnctwo |
| Finished | State: | NC | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-08-28 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| Aug 28, 2007 | Current |
|
Purpose of loan: (explain what you will be using this loan for) This loan would pay off loan,plus would leave some money to invest in promotion of my carpet cleaning business. My financial situation: (explain why you are a good candidate for paying back this loan) I still work my second shift job as machine operator in plant to get my health insurance and steady income. I want to increase my second income in my carpet cleaning business. I have the eguipment and the vans that are paid for.Also I have 11 years experence in carpet cleaning and know the ups and downs. My DTI shows the payment on loan that I will be paying off plus this loan. And I am already making money carpet cleaning that does not yet show up in my income. This loan would let me invest in promotion of business without increasing my payment amount that I am already paying. I have no payment that I have not made. Monthly net income: $ 1754 Monthly expenses: $ 1042 Housing: $ 485 Insurance: $ Car expenses: $ 50 Utilities: $ 100 Phone, cable, internet: $ 125 Food, entertainment: $ 100 Clothing, household expenses $ 50 Credit cards and other loans: $ 232 Other expenses: |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 183790 | Pay off high interest loan and invest in home based business | C | $5,000 @ 19% | Aug 08, 2007 | Withdrawn |
| 184351 | Pay off high interest loan and invest in home based business | C | $5,000 @ 22% | Aug 09, 2007 | Withdrawn |
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