Looking to reinvest in Prosper
| Listing Information | |||
|---|---|---|---|
| Amount: | $1,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 21% |
| Lender Rate: | 9% | Borrower: | WestChi |
| Finished | State: | AZ | |
| Funded: | 100% | Group: | Vets helping Vets |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-11-26 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Nov 24, 2007 | Current |
| Apr 08, 2008 | Payoff in progress |
| Apr 11, 2008 | Paid |
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Purpose of loan: I plan to reinvest this loan back into Prosper. I currently have $325.00 in Prosper loans and with this $1000.00 I will be able to more than triple my investments. I have been interested in what the borrower has to go through to get a loan and this is a good way for me to see and further my investing in Prosper. My financial situation: My current loans make about $9.50 a month for me, with the extra $1000.00 in loans I should easily be able to cover the $32.74 estimated payments. I also have $25 deposited every two weeks to make additional loans, this could also be used to pay the loan. As a worst case scenario where all loans are in default $32.74 a month could easily be covered with spare income. Monthly net income: $ 3100.00 Monthly expenses: $ Housing: $ 450 Insurance: $ 100 Car expenses: $ 100 Utilities: $ 100 Phone, cable, internet: $ 75 Food, entertainment: $ 200 Clothing, household expenses $ 100 Credit cards and other loans: $ 700 Other expenses: $ 100 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 339376 | Looking to reinvest in Prosper | B | $1,352 @ 10% | May 26, 2008 | Loan created |
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