Excellent Credit. Reinvesting in Prosper
Homeownership Verified

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Listing Information
Amount: $24,999.00 Status: Loan created
Grade: AA DTI: 5%
Lender Rate: 9% Borrower: stevenedo
Time Left: Finished State: NC
Funded: 100% Group: www.P2P-Loans.com
Loan Information
Loan Status: Paid Origination Date: 2007-09-24 EricsCC ROI: 8%
Status History
Sep 21, 2007 Current
Apr 24, 2008 Payoff in progress
Apr 29, 2008 Paid
Hi, I have borrowed and repaid two loans so far on prosper, on time (early) and in full. The first loan was for $5,000 and the second one was for $25,000. The purpose of this loan of $25,000 is for a bridge I would like until February - I will receive a guaranteed bonus in February from my job, and I plan to repay this loan at that time. I reserve the right to continue to hold the loan for the 3 years, but I will never be late and I will always repay. I will use this loan towards a property purchase overseas. I am putting 65% down on the property and getting only 35% from a bank. The loan will be fully covered by the rental on the property and there is room for more loan on the property. I would like to have the option of having some more cash free until I receive my guaranteed bonus in February.

I am a lender on prosper with $100,000 in loan value.

I earn 6 figures and sometimes 7 figures
I own my own home in and have a rental property as well.
I net more than $20,000 per month not including bonsues and use less than half of that for living expenses. Thus, more than $10,000 available each month to pay back my loan.

In addition, I have more than $1 million in liquid investments.

I have never been late and I will never be late in making payments. I am in stellar financial condition and I will keep it that way. I will pay you back on time or earlier.

My first loan was for $5,000 and funded at 8.05%; second one was $25,000 at 10%. I paid back both of those. I'm starting this one for $25,000 at 10.5% and hoping to get funded there or lower.

Thank you for your bids.

Best Regards,
Borrower's Other Listings
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103981 Safe Loan AA $5,000 @ 8% Feb 27, 2007 Expired
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107053 Safe Loan AA $10,000 @ 9% Mar 05, 2007 Expired
108734 Excellent Credit. Reinvesting in Prosper AA $1,000 @ 7% Mar 08, 2007 Cancelled
115002 Excellent Credit. Reinvesting in Prosper AA $5,000 @ 8% Mar 23, 2007 Loan created
145670 Excellent Credit. Reinvesting in Prosper AA $25,000 @ 10% Jun 01, 2007 Withdrawn
146333 Excellent Credit. Reinvesting in Prosper AA $25,000 @ 10% Jun 03, 2007 Loan created
366612 Excellent Credit. Reinvesting in Prosper AA $24,999 @ 10% Jul 14, 2008 Withdrawn
369052 Excellent Credit. Reinvesting in Prosper AA $24,999 @ 12% Jul 17, 2008 Withdrawn

 

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