Borrower with good record

| Listing Information | |||
|---|---|---|---|
| Amount: | $2,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 3% |
| Lender Rate: | 7% | Borrower: | starfish35 |
| Finished | State: | TX | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-11-23 | EricsCC ROI: | 5% |
| Status History | |
|---|---|
| Nov 23, 2007 | Current |
|
Purpose of loan: Relending at a riskier rate My financial situation: I don't really need this loan, but I can leverage a really great interest rate. Monthly net income: $ $600 spending/investment money ( most of my money goes to my wife to pay the bills, build up emergency savings, and pay extra towards to principle on our house). I also get monthly payments on existing prosper loans. Most of this goes to pay my last loan, which is now at about $800. If I get over my head, I can just crack opened some bond funds or stocks which are down a little. I have enough invested in traditional means to easily pay this off. Monthly expenses: $ Prosper Loan at $96 month Netflix $15 month Thanks for considering me, please check out my current lender performance on Eric's Credit Community. Unless quite a few on my own loans start going bad, I intend to pay a few months ahead and then pretty much keep this for the whole three years, not paying it off too far in advance. If I am not making a profit, I will pay it down quicker until the numbers make sense. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 41471 | Lender trying out Borrowing | AA | $3,000 @ 8% | Sep 22, 2006 | Loan created |
| 227655 | Lender trying out Borrowing | AA | $1,000 @ 7% | Nov 07, 2007 | Withdrawn |
| 378354 | Help with move-in expenses | A | $1,500 @ 8% | Aug 05, 2008 | Expired |
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