Student Loan for New Career

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 18% |
| Lender Rate: | 13% | Borrower: | creatingcashflow |
| Finished | State: | CO | |
| Funded: | 100% | Group: | Perfect Solution Systems |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-10-17 | EricsCC ROI: | 11% |
| Status History | |
|---|---|
| Oct 17, 2007 | Current |
| Nov 01, 2008 | Late |
| Nov 19, 2008 | 1 month late |
| Nov 27, 2008 | Current |
|
Purpose of loan: I have been in construction for over 30 years. I have owned my own general contracting company for 12 of those years. I have studied real estate investment for the last 5 years. I recently found the perfect vehicle to take my current knowledge and expand it which combined with my past experience will catapult me into a fantastic position to actively begin real estate investing making it no longer just a dream but a cash flow reality. The money I am seeking would be to pay for tuition at a Real Estate Investment College. I have done my due diligence with this educational system and feel confident that this is the exact place that I need to be! Thank you for your consideration! In 2004 my wife and I found ourselves in a bit deep financially, due to our helping our children when they made some very poor choices. Other than that I have always paid my debts on a consistent and timely basis. I feel confident that my track record combined with a newly acqured set of resources I will have no difficulties meeting this obligation. Monthly net income: $7000 Monthly expenses: $5520 Housing: $ 1500. Insurance: $ 220 Car expenses: $ 300 Utilities: $ 300 Phone, cable, internet: $ 150 Food, entertainment: $ 1000 Clothing, household expenses $ 300 Credit cards and other loans: $ 1800 Other expenses: $ |
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