Education loan repayment

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Listing Information
Amount: $8,000.00 Status: Loan created
Grade: A DTI: 3%
Lender Rate: 10% Borrower: practik
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2007-11-26 EricsCC ROI: 8%
Status History
Nov 24, 2007 Current
Purpose of loan:
I recently graduated from Stanford University and would like to repay the student loan I took from my home country, India.

My financial situation:
(explain why you are a good candidate for paying back this loan)
I work for a reputable semiconductor company, earning a good salary. My wife, also an engineer, works at a reputable company. Financially, we are very stable, and we have not planned any major spending for the next year. Other reasons why I will pay back this loan is - Personally, I like the concept of community symbiosis. This is my first participation in Prosper. I am hoping to have a pleasant experience.

Monthly net income: $11,000 (post tax)
This includes my salary and my wife's

Monthly expenses: $4200
  Housing: $ 1350
  Insurance: $ 200
  Car expenses: $ 200
  Utilities: $100
  Phone, cable, internet: $150
  Food, entertainment: $100
  Clothing, household expenses $300
  Credit cards and other loans: $1600
  Other expenses: $200
Borrower's Other Listings
231043 Education loan repayment A $8,000 @ 13% Nov 13, 2007 Withdrawn

 

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