Capital for investment
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,200.00 | Status: | Loan created |
| Grade: | B | DTI: | 41% |
| Lender Rate: | 18% | Borrower: | binvest7 |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-11-19 | EricsCC ROI: | -56% |
| Status History | |
|---|---|
| Nov 23, 2007 | Current |
| Jun 05, 2008 | Late |
| Jun 20, 2008 | 1 month late |
| Jul 20, 2008 | 2 months late |
| Aug 20, 2008 | 3 months late |
| Aug 21, 2008 | 2 months late |
| Aug 22, 2008 | 3 months late |
| Sep 20, 2008 | 4+ months late |
| Oct 16, 2008 | 3 months late |
| Oct 20, 2008 | 4+ months late |
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Purpose of loan: The purpose of this loan is to finance the initial investment needed to get started in forex market investing. I will be opening a trading account that will be managed by a proven trading company. My financial situation: I have many bills under my care. However, my goal is to leverage this loan in order to make extra monthly income. The trading company that I will use has a proven record of achieving returns that will yield significantly more than the required monthly payment. I will use the excess in order to pay down debt and other expenses. I am looking to establish long-lasting relationships with my lenders. With continued success, I will continue to use this method thus giving us both an opportunity for continued prosperity. Monthly net income: $ 2852 Monthly expenses: $ 2781 Housing: $ 570 Insurance: $ 160 Car expenses: $ 311 Utilities: $ 100 Phone, cable, internet: $ 140 Food, entertainment: $ 400 Clothing, household expenses $ Credit cards and other loans: $ 1000 (Profit would be used to reduce this amount) Other expenses: $ 100 and some due to real estate investing. I am in the middle of getting an investment property refinanced. |
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