Money to invest in Prosper Loans

| Listing Information | |||
|---|---|---|---|
| Amount: | $1,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 22% |
| Lender Rate: | 7% | Borrower: | CacheFloe |
| 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 | |||||
|---|---|---|---|---|---|
| 9327 | Adoption Expenses - Very Safe For Lenders | C | $1,000 @ 8% | Apr 27, 2006 | Withdrawn |
| 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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