very very safe loan
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 24% |
| Lender Rate: | 14% | Borrower: | GotGoodCredit |
| Finished | State: | CA | |
| Funded: | 100% | Group: | Maryentom |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-11-21 | EricsCC ROI: | 11% |
| Status History | |
|---|---|
| Nov 23, 2007 | Current |
|
A very very very safe loan! A great WINDOW of opportunity to balance high risk loans you have in your portfolio. I am a reliable borrower (with a credit score B with low debt-to-income ratio) I take pride on my history of paying debt on time. I have a PROSPER loan for almost two years, which I paid on time. Thus, I qualify to obtain a second loan. Here is my story and purpose for the money...More than 10 years ago, I moved to the United States with my whole family. Since my husband was chronically ill, I shouldered the responsibility as my family's breadwinner, earning minimum wage and working two jobs. I financially supported my family while I took care of my husband and raised my children. It had been a difficult journey, but my hard work paid off. I am now less than a year away from my retirement. I saved up money in my 401K, which is enough to build a retirement house in my native country. This retirement house will serve as my primary residence. I am also building a few more rooms to rent out to low-income elderly women at a below market rate.I have enough money in my retirement fund to build the house, but I realize that withdrawing this money now will increase my taxable income this year. Hence, my tax bill will increase (also due to my less beneficial tax status). Thus, my next option is to borrow money this year or until I am able to withdraw money from my 401K. I have started building my house and just need this money to finish the interior - my dream kitchen and veranda. I am hoping that you can help me out. I am a reliable borrower (credit score B with low debt-to-income ratio) and take pride on my history of paying debt on time. But like what I said, I have the money, so I know for sure that I am able to pay off this money. Thus, this is a very very safe loan! Thank you. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 6733 | Retirement House + Below Market Rate Rooms for Elderly Women | A | $10,000 @ 10% | Apr 20, 2006 | Withdrawn |
| 13656 | very very safe loan | A | $5,000 @ 11% | May 16, 2006 | Loan created |
| 229609 | very very safe loan | B | $9,500 @ 13% | Nov 10, 2007 | Withdrawn |
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