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Listing Information
Amount: $1,000.00 Status: Loan created
Grade: AA DTI: 22%
Lender Rate: 7% Borrower: CacheFloe
Time Left: Finished State: CO
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2007-09-05 EricsCC ROI: 6%
Status History
Sep 03, 2007 Current
Jan 25, 2008 Payoff in progress
Jan 31, 2008 Paid
Purpose of loan:
I plan on using this loan to reinvest in Prosper lonas.  I will be lending primarily to C grade and higher credit individuals who have no current delinquencies.  I have been lending on Prosper for over a year now and truly believe that it is an excellent alternative to the stock market!

I have also paid my previous Prosper loan balance off in full with no late payments and the balance was paid early.  Please check my profile for more information.

My financial situation:
Right now, my finances happen to be the best that they have ever been.  I just sold a rental property in my local market, and have used the proceeds to pay off all of my credit cards, high-interest debt and my car.  I only have some student loans now which are defered until 2010.

Monthly net income: $ 3644.14

Monthly expenses: $ 2800.00
  Housing: $ 1200
  Insurance: $ 225
  Car expenses: $ 200
  Utilities: $ 200
  Phone, cable, internet: $ 300
  Food, entertainment: $ 500
  Clothing, household expenses $ 100
  Credit cards and other loans: $ 0
  Other expenses: $ N/A
Borrower's Other Listings
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10406 Adoption Expenses - Very Secure Investment C $1,000 @ 12% May 01, 2006 Loan created
300010 Paris Vacation - Euros! AA $1,580 @ 6% Mar 26, 2008 Loan created

 

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