Expanding ebay business/consolidate-Second Loan
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 0% |
| Lender Rate: | 18% | Borrower: | sarasmommy |
| Finished | State: | CA | |
| Funded: | 100% | Group: | Brighter Financial Future |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 3 months late | Origination Date: | 2007-10-17 | EricsCC ROI: | -41% |
| Status History | |
|---|---|
| Oct 17, 2007 | Current |
| Sep 04, 2008 | Late |
| Sep 18, 2008 | 1 month late |
| Oct 18, 2008 | 2 months late |
| Nov 18, 2008 | 3 months late |
|
Purpose of loan: I will be using this loan to pay off approx. $10,000.00 in credit cards (I will expain the reason prosper has me at owing $17,000.) and the rest to expand my ebay business. I am currently a notary ( I can provide a commission #) and have my own ebay store. I buy at estate sells, auctions, storage unit sales and yard sells and re-sell on ebay. My user I.D. is missusara. I would like to use this loan to expand my inventory and start buying large items for more of a profit. I have researched items on ebay for over two years now and have fairly educated myself on what sells, therefore knowing what to look for when I buy. At these sales you have to use credit cards or cash, we would prefer to not use the credit cards, and pay cash and resell to make our profit. My husband is a first class Millwright and has been in his line of work for 16 years. He has never been unemployed. The last four years I have run a non-profit organization-in memory of my daughter . This was a non-paying job and worked hard to make it successful. My web site is www.sarasong.org My first loan was for $7500.00 used for my non-profit. I was able to pay it back in two months . Prosper has my debt at $17,000.00 which is not correct. Prosper still has me owing the $7500.00 on my credit report although I paid this in August . Also, when I took out my first loan, I was a "B" credit, after I paid the loan, prosper had me at an "HR", my credit score was a 707! I called experian and they told me they were reporting a 707, prosper wouldn't take a fax for proof, the next month they had me as a "C". My score is approx. A 670 with NO LATES and NO DQ's. I have one public record(1998) which will be taken off early 2008. I will pay this loan on time and in full. I am responsible and hardworking. I am a homeower, I always pay my bills and would appreciate this opportunity to help my business and my family. Monthly net income: $ between 2000.00 to 5000.00 not verified. I also receive 300.00 per moth in child support for my 17 year old son, court ordered. Monthly expenses: $ My husband pays for most of our living expenses he makes approx. 4188.00 per month(usually more with overtime) I cover the kids private school at 650.00 per month . Housing: $ 1749.00 (includes tax and insurance) Insurance: $ 125.00 for auto and 110. for life Car expenses: $ no car payment 300.00 per month for gas Utilities: $ 60 for electric (we have a swamp cooler) 30 for gas (we have a fireplace insert with a blower) and $30.00 for water Phone, cable, internet: $ 60.00 for home phone $130. for cell phones and $32.00 for internet Food, entertainment: $ 800.00 Clothing 200.00 savings for Christmas $100.00 credit cards 200.00 per month- Wells Fargo owing 3900.00 (min payment 40.00 ) (American express )owing 2300. min. payemt 40.00) and Capital One owing approx. 3800.00 min. payment $120.00. As you can see out total monthly bills come close to what my husband makes. But, consolidating our credit cards would save us 200.00 per month plus pay them off. With what I am earning and start up money I will be able to cover this loan easily. I will repay this loan. Thank you for your consideration. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 142902 | Money for my non-profit organization | B | $25,000 @ 12% | May 25, 2007 | Withdrawn |
| 144849 | Need money to expand my thriving non-profit organization | B | $25,000 @ 21% | May 31, 2007 | Withdrawn |
| 145019 | Need funding for my thriving non-profit organization | B | $25,000 @ 26% | May 31, 2007 | Withdrawn |
| 145324 | Need Funding for my thriving non-profit | B | $20,000 @ 28% | Jun 01, 2007 | Withdrawn |
| 147731 | Need Funding for my thriving non-profit | B | $7,500 @ 20% | Jun 06, 2007 | Withdrawn |
| 147911 | Need Funding for my thriving non-profit | B | $7,500 @ 27% | Jun 06, 2007 | Loan created |
| 188773 | Expanding ebay business | HR | $24,000 @ 25% | Aug 17, 2007 | Withdrawn |
| 202324 | Expanding ebay business 2nd LOAN!! | C | $24,999 @ 29% | Sep 15, 2007 | Withdrawn |
| 202825 | Expanding ebay business 2nd LOAN!! | C | $24,999 @ 25% | Sep 17, 2007 | Withdrawn |
| 203356 | Expanding ebay business 2nd LOAN!! | C | $24,999 @ 25% | Sep 18, 2007 | Withdrawn |
| 203368 | Expanding ebay business 2nd LOAN!! | C | $24,999 @ 25% | Sep 18, 2007 | Withdrawn |
| 205484 | Help Us Recover From Our Loss-2nd Loan | C | $24,999 @ 25% | Sep 23, 2007 | Expired |
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