p2p lending at lending club
Emergency Home Repair
Homeownership Verified

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Listing Information
Amount: $1,550.00 Status: Loan created
Grade: D DTI: 14%
Lender Rate: 23% Borrower: futureentrepreneur78
Time Left: Finished State: MI
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2007-09-19 EricsCC ROI: 22%
Status History
Sep 19, 2007 Current
Jan 17, 2008 Payoff in progress
Jan 19, 2008 Paid
Purpose of loan:
My house was built in 1908 and is a historical home. It still has some of the original piping in the basement connecting my water heater and utility tub. My water heater, which served this house for several years before I bought it has finally died. The master plumber who assessed the situation says that I need some re-piping, new shut off valves and dialetric unions in addition to a new water heater. I need funds this week in order to fix these problems and I would rather not have to deal with a bank for this. That is why I am making this emergency appeal to the prosper lending community.

My financial situation:My credit has been affected by poor decisions I made during my years in undergraduate school. However, I know the value of integrity as it relates to financial matters. I pay all of my bills on time. I am a home owner and landlord. I operate according to a strict budget. I'm very financially disciplined.
(explain why you are a good candidate for paying back this loan)

Monthly net income: $2750 from my job with an additional $600 per month from tenant

Monthly expenses: $
  Housing: $906 per month
  Insurance: $133 per month
  Car expenses: $154 per month
  Utilities: $295 per month
  Phone, cable, internet: $87 per month
  Food, entertainment: $150 per month
  Clothing, household expenses $75 per month
  Credit cards and other loans: $100 per month
  Other expenses: $45 per month
Borrower's Other Listings
199244 My Back is Against the Wall - Need Funds for Startup Now! D $15,000 @ 24% Sep 08, 2007 Withdrawn
291373 Completing work on bath and kitchen on 100 historic home D $12,500 @ 18% Mar 11, 2008 Withdrawn
292518 Completing work on bath and kitchen on 100 historic home D $10,000 @ 23% Mar 12, 2008 Expired
299172 Need Money for Home Repairs D $10,000 @ 24% Mar 25, 2008 Expired
303549 Complete Work on Kitchen and Bath Before Memorial Day!!! D $5,000 @ 24% Apr 02, 2008 Withdrawn
303609 Complete Work on Kitchen and Bath Before Memorial Day!!! D $5,000 @ 24% Apr 02, 2008 Withdrawn
303615 Complete Work on Kitchen and Bath Before Memorial Day!!! D $5,000 @ 24% Apr 02, 2008 Loan created

 

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