Borrowing Funds for Investment
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 24% |
| Lender Rate: | 11% | Borrower: | GlobalLending |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-11-08 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Nov 07, 2007 | Current |
| Jul 26, 2008 | Payoff in progress |
| Aug 01, 2008 | Paid |
|
Borrower Details: I?m an avid investor who have been successfully investing in the forex market for about 4 years. In addition, I have been investing in other markets with potential like gold, Prosper and sometimes stocks. I am in several good positions in my trading accounts and would like to raise additional funds for other opportunities. Purpose of loan: The purpose of this loan is to invest in the booming forex and gold market. My financial situation: I have never been delinquent on any of my accounts. In fact, I am currently working full time as the Director of Network and Support Service with my current employer for about 10 years. Further more my savings, checking and CD?s accounts have an excess of $55K which is FDIC insured. The $25K I am borrowing will be used for short term investments and is expected to provide a monthly return on investment of $3K which will pay for the Prosper monthly payments. Thank you |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 368680 | Pay off current Prosper loan | AA | $12,000 @ 10% | Jul 16, 2008 | Loan created |
| 438735 | Pay off current Prosper loan | AA | $6,500 @ 7% | Dec 17, 2009 | Loan created |
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