Will gladly pay 20% per year to receive 10%+ per month ROI
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 10% |
| Lender Rate: | 19% | Borrower: | InnovativeInvestor |
| Finished | State: | CA | |
| Funded: | 100% | Group: | WealthBuilders |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2006-07-10 | EricsCC ROI: | 18% |
| Status History | |
|---|---|
| Jul 12, 2006 | Current |
| Jun 29, 2008 | Payoff in progress |
| Jul 09, 2008 | Paid |
|
I've recently discovered a brilliant Forex (Foreign currency exchange) hedging strategy which pretty consistently gives at least 10% per month ROI (Return on Investment) or more. I'm motivated to make enough money with this to be job free as soon as possible. I'm convinced I can make far more than the interest on the loan and the more money I can use, the faster the growth. I will use the loan money in a conservative way. I know a lot of people will think this is too risky. The risk level is really not that much, a lot less than you might think. Plus I have a high paying job and I can use my salary money to bail out the situation from any temporary problems. I do believe that if they happen, they will be only temporary and not that bad. I guess if you want to know how this is possible, contact me for more info. I'm a musician and I've always known I could make great music if I had more time and energy to devote to it. My job taps my energy to the point that I don't have much to devote to the music. When I get to the point where I don't need a job, I will be able to do so much more with it. The hedge strategy takes about a half hour a day or less of work. I look forward to spreading great joy with my gift of music. Also my credit rating isn't great so this loan also would serve the purpose of improving my credit rating. It will be no problem to pay back the loan, as I said I have a high paying job. I would like to buy a home one day and am rebuilding my credit to facilitate that, etc. My assessment of my creditworthiness: I declared bankruptcy about 5 years ago. I'm a software engineer and I was unemployed for 15 months during the crash and burn times of the software job market. I didn't realize until a little over a year ago that I should get secured credit cards and dept. store cards to rebuild my credit. So my credit score reflects that history. I've avoided debt since the bankruptcy, my only debt now is my vehicle loan and small balances on my 2 secured credit cards and 1 dept. store card. The purpose of those is to rebuild my credit, I could easily pay them off. Of course my GREAT credit from the 80's and 90's counts for nothing now. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 350556 | Second Prosper loan to pay off first and get a better rate | B | $4,350 @ 11% | Jun 14, 2008 | Loan created |
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