p2p lending at lending club
Secure Hydro Electricity Rights

Click Here to view this listing on Prosper
Listing Information
Amount: $25,000.00 Status: Loan created
Grade: A DTI: 9%
Lender Rate: 14% Borrower: pennywise666
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2007-11-14 EricsCC ROI: 12%
Status History
Nov 13, 2007 Current

Purpose of loan:
I would like to secure some rights to a hydro electricity project.

My financial situation:
I have a good job at an investment banking firm making 10K in a poor month. All of my extra money goes into the investments we create there. If I loose the job I can live off of my investments until I get another job. I plan to pay this loan off when I sell some of my stocks. I prefer waiting until they meet my goals or when I have enough extra money that it does not make sense to collect 5% money market while borrowing at prosper rates.

Monthly net income: $
$16,000 varies some but gradually increasing

Monthly expenses: $
Housing: $ 1600 (Rent wife pays some when she can)
Insurance: $ 0 (None)
Car expenses: $ 0 (I paid cash for a 99 Toyota Rav4 and fix it myself)
Car Insurance: $35
Utilities: $ 100
Phone, Internet: $ 65
Food, entertainment: $ 500
Clothing, household expenses $ 100
Credit cards and other loans: $ 350
Other expenses: $ 250
Total 3K a month expenses

Borrower's Other Listings
196113 Pay Off Old Credit Cards D $5,000 @ 24% Sep 01, 2007 Withdrawn
197451 Pay Off Old Credit Cards D $3,000 @ 16% Sep 04, 2007 Cancelled
221499 Pay Off Old Credit Cards A $25,000 @ 20% Oct 25, 2007 Withdrawn
221501 Secure Hydro Electricity Rights A $25,000 @ 20% Oct 25, 2007 Withdrawn

 

Discussion For This Listing

No Comments Found For This Listing

Post A Comment
You must be logged in to post comments on listings. Not yet a member? register here