p2p lending at lending club
Paying Stanford Tuition
Homeownership Verified

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Listing Information
Amount: $25,000.00 Status: Loan created
Grade: A DTI: 10%
Lender Rate: 17% Borrower: SmallBuilder
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2007-10-29 EricsCC ROI: 14%
Status History
Oct 30, 2007 Current
Purpose of loan:
I need to pay my son's tuition at Stanford.  He is a junior in EE and captain of the Ice Hockey team.  I have been funding the tuition out of salary but with two in coolege I need to set up a long term loan.  I will not quailify for loans through the school due to my income. 

My financial situation: 
I will be able to make the payments out of my salary and bonuses at the end of the year.  I get paid alot at the end of the year, but not that much per month.  I have been able to pay for his scool out of cash each month but my daugther is also in college. 

Monthly net income: $ 20,883

Monthly expenses: $
  Housing: $ 6600
  Insurance: $ 400
  Car expenses: $ 866
  Utilities: $ 300
  Phone, cable, internet: $ 175
  Food, entertainment: $ 1200
  Clothing, household expenses $ 2000
  Credit cards and other loans: $ 2000
  Other expenses: $ 3000
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