p2p lending at lending club
AA Borrower - Father of Twins
Homeownership Verified

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Listing Information
Amount: $5,000.00 Status: Loan created
Grade: AA DTI: 1%
Lender Rate: 8% Borrower: shorttermloans
Time Left: Finished State: NC
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2007-10-31 EricsCC ROI: 7%
Status History
Nov 01, 2007 Current
Jun 28, 2008 Payoff in progress
Jul 09, 2008 Paid
Purpose of loan:
I will be reinvesting the money into prosper.  I have been loaning money now for over 2 years.  

My financial situation:
I have excellent credit and stable employment for over 8 years, with the last 5 years with a 100,000+ income.  I have never missed a payment and have paid all my debts in full.

Monthly net income: $ 10,000 (actually takehome after taxes, etc...)

Monthly expenses: $
  Housing: $ 2500
  Insurance: $ 200
  Car expenses: $ 0 (Both cars are paid in full)
  Utilities: $ 200
  Phone, cable, internet: $ 200
  Food, entertainment: $ 1000
  Clothing, household expenses $ 2000
  Credit cards and other loans: $ 200
  Other expenses: $ 0

My expenses may seem high but are due to 4 kids under 6 (picture is of twins) and my wife is staying at home to care for them.  My wife is a school psychologist and could work if she wanted to.
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