Remodeling Dream Home / Clean Credit / No DQ's!

| Listing Information | |||
|---|---|---|---|
| Amount: | $7,500.00 | Status: | Loan created |
| Grade: | C | DTI: | 43% |
| Lender Rate: | 18% | Borrower: | hockeytown21 |
| Finished | State: | AL | |
| Funded: | 100% | Group: | No Bull Investors - We Invest In Good Borrowers |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-11-29 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| Nov 29, 2007 | Current |
| Oct 18, 2008 | Payoff in progress |
| Oct 23, 2008 | Paid |
|
Thanks for considering our loan! Purpose of the loan: My wife and I are renovating our dream home that we purchased last year after getting married. The home was built in 1895 and was left vacant for five years prior to our purchase. The home had so much potential and just needed some TLC to restore its beauty. We have been working diligently for 1 1/2 years and are close to finishing our large renovation. This loan will give us the final capital needed to finish the renovation and completely restore a historic piece of history in our quiet neighborhood. My financial situation: We are hard working dedicated people with a sense of personal responsibility. We both pay our debts in full and on time as you will notice in my credit rating. We currently have a smaller Prosper loan that is current and has been paid on time every month. Both of us are well employed and enjoy the work that we do tremendously. If you have interest in bidding you can be sure that we will make good on our debt to you. My hope is that we will be able to be in a lending situation in the next year so we can help others who have helped us. Below is an outline of our monthly budget for you to review: My monthly budget: Net income $5,375 (after deductions) Mortgage $1,500 Car payment 1 $500 Insurance $100 Utilities $400 Credit Cards $400 Other Credit $300 Groceries $400 Gas $50 (my gas is company paid, my wife drives 3 miles to work) Existing Prosper Loan $100 --------------------------------------------------- Total bills $3750 Free cash flow after bills $1625 You will see that we will have enough cash every month to easily pay back this loan, so please BID WITH CONFIDENCE! |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 121772 | Newlyweds Need Help On Taxes | C | $2,000 @ 15% | Apr 10, 2007 | Withdrawn |
| 122265 | Newlyweds Need Help On Unexpected Tax Bill | C | $3,000 @ 15% | Apr 17, 2007 | Withdrawn |
| 126551 | Newlyweds Need Help WIth Taxes | C | $3,000 @ 15% | Apr 20, 2007 | Loan created |
| 230114 | Newlyweds Determined To Be Debt Free! | C | $15,000 @ 20% | Nov 11, 2007 | Withdrawn |
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