Adding some excitement to my life... ATV
| Listing Information | |||
|---|---|---|---|
| Amount: | $4,250.00 | Status: | Loan created |
| Grade: | A | DTI: | 14% |
| Lender Rate: | 9% | Borrower: | JayShoe |
| Finished | State: | NJ | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-10-26 | EricsCC ROI: | 7% |
| Status History | |
|---|---|
| Oct 30, 2007 | Current |
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Purpose of loan: I've been running my business since I was 12 years old. I just graduated college (with a 3.79 GPA) and I went full time into the business. I've wanted an ATV for a very long time (I've always loved motor sports) and I figured now would be the best time to buy because I need some personal fun in my life. I work, go to the gym, work, sleep, work... You get the picture. The loan will fund a used Honda 400ex 2006 model a helmet, riding jacket, etc. My financial situation: My business is very strong and is growing fast. I have a unique product with patent ownership rights. It's a very exciting time for my business and I have no doubt that income will continue and increase. A yearly contractual arrangement with one of my biggest seasonal clients was recently renewed and services started back up in the beginning of October. Monthly net income: $5,000 Monthly expenses: $1655 Housing: $0 (parent's home) Insurance: $125 Car expenses: $0 (owned car) Utilities: $0 (parents) Phone, cable, internet: $80 (business expense) Food, entertainment: $150 Clothing, household expenses $100 Credit cards and other loans: $1000 (paid off every month when incurred) Other expenses: $200 (gas) |
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