p2p lending at lending club
Replace leaky patio
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Listing Information
Amount: $10,000.00 Status: Loan created
Grade: AA DTI: 3%
Lender Rate: 6% Borrower: amf
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2007-09-13 EricsCC ROI: 5%
Status History
Sep 13, 2007 Current
Aug 30, 2008 Payoff in progress
Sep 05, 2008 Paid
Purpose of loan:
I own an apartment in San Francisco that has a tile patio which started leaking last winter (rainy season here in SF). I have tried patching the edges of the patio with caulking, but that hasn't worked. All of the contractors I've spoken to say that there is a tear in the waterproofing membrane under the tile, so all of the tile and membrane has to be replaced, and we need to check for any rotted wood underneath it all. It's a fairly big job (for such a small leak), and will cost about $10,000.

My financial situation:
I work at Prosper as a product manager. I am also a lender with over $4,000 in loans at the present moment. See my Prosper portfolio here. I have been steadily employed since graduating from college almost 10 years ago. I have owned my apartment for about five years, and carry no other debt. As you can see, my credit history is good. I expect to hold this loan for at least a year, and will most likely pay it off before the 3-year period is up.
Borrower's Other Listings
18286 Massive vacation AA $25,000 @ 22% Jun 07, 2006 Ended
170626 Going on a long vacation AA $3,000 @ 6% Aug 16, 2007 Withdrawn

 

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