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Listing Information
Amount: $2,500.00 Status: Loan created
Grade: A DTI: 18%
Lender Rate: 8% Borrower: great_ross
Time Left: Finished State: TX
Funded: 100% Group: AA 5 Star Lenders
Loan Information
Loan Status: Current Origination Date: 2007-10-23 EricsCC ROI: 6%
Status History
Oct 21, 2007 Current
Purpose of loan:
Experienced businessman trying loan re-loan model as an experiemtn for investment partnership. 

My financial situation:
AS CLOSE TO A GUARANTEED RETURN AS YOU CAN GET!!!  I can easily repay this loan based upon my income, property ownership, equity stake in my own firm and so forth.  My credit is excellent and this is being used as a test for additional lending on this site.  It is a very secure loan.  The only revolving credit amount listed in my report is directly related to ongoing purchases related to running my business which are paid off every month in full.  I incur no interest charges at all on these loans and the fund to pay them are provided by my business.

Monthly net income: $6500+ after taxes

Monthly expenses: $
  Housing: $ 1450
  Insurance: $ 50
  Car expenses: $ 50
  Utilities: $ 500
  Phone, cable, internet: $ 150
  Food, entertainment: $ 1000
  Clothing, household expenses $ 100
  Credit cards and other loans: $ 400 (car)
  Other expenses: $ 400

As you can see, there is a significant amount of disposable income available for repayment.
Borrower's Other Listings
212555 Prosper lending investment A $2,500 @ 8% Oct 08, 2007 Withdrawn

 

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