p2p lending at Prosper.com
Bank Does Not Finance Used Watercraft

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Listing Information
Amount: $4,000.00 Status: Loan created
Grade: A DTI: 16%
Lender Rate: 11% Borrower: NPLimited
Time Left: Finished State: MI
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2006-07-07 EricsCC ROI: 10%
Status History
Aug 30, 2006 Current
Jul 25, 2008 Payoff in progress
Jul 31, 2008 Paid
    Hello and thanks for looking. I purchased a Seadoo personal watercraft last spring to help build my credit score. I am a young credit conscious person and have NEVER made a late payment. I started out with a visa which I made religious payments in full every month on. I then switched to another Visa which I still have. I also use an American Express card which is my primary card. I recently purchased a new truck that is a $400 a month payment that factors into my debt to income ratio, however that payment is reimbursed to me by my employer. 
    The origional Seadoo loan I took out was never reported to my credit history so I finall dumped my bank and switched to Chase bank. I can get approved through the old bank but I refuse to do business with them after trying to get my situation fixed for over a year. My current bank only finances new boats and I have a deal worked out for a 2003 Yamaha with low hours. 
    I currently work as an IT Support Specialist and Network Administrator for a large private practice Oncology/Hematology group in west michigan. Thanks again for your consideration.


-Nick
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