Retire higher interest Debt
| Listing Information | |||
|---|---|---|---|
| Amount: | $9,900.00 | Status: | Expired |
| Grade: | B | DTI: | 20% |
| Lender Rate: | 14% | Borrower: | carpediem1 |
| Finished | State: | NY | |
| Funded: | 0% | Group: | (No Group) |
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Proceeds from this loan will be used to pay off credit card debt I incurred to take advantage of an opportunity to buy products at 50% below wholesale....Had to do it.My Credit Grade dropped from A to B due to this increase in my credit card use. I have been in the chemical business for over 20 years.. and started this Company 6 years ago.My site, mrochem.com is doing well, along with our sales force of 5 salespeople selling to institutional, municipal & industrial accounts. The company has a D & B paydex of 78(out of 80), and is profitable. Of course, I am personally responsible for this loan.As you can see from my previous history, I have 1 loan outstanding with Prosper, never late.( that loan, BTW, bought servers & software that contributed to my growth, getting my company to the next level...thank you to all those lenders for that.)As a lender myself, I know how important it is to deal with quality borrowers who make their payments on time. I am also the group leader of AAAA Fund America. Mastercard- 6800 Amex Blue- 3000 interest rates on above range from 18-19.9%. I'd rather pay you. Feel free to contact me regarding any aspect of this listing. Thank you for your consideration, Steve |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 1590 | Server & software purchase | A | $20,000 @ 7% | Mar 09, 2006 | Withdrawn |
| 1672 | software & Server purchase | A | $15,000 @ 10% | Mar 10, 2006 | Expired |
| 1758 | software & server purchase | A | $20,000 @ 10% | Mar 11, 2006 | Loan created |
| 237600 | Retire higher interest Debt | B | $14,500 @ 14% | Nov 26, 2007 | Withdrawn |
| 247889 | Retire higher interest Debt | B | $9,900 @ 14% | Dec 10, 2007 | Expired |
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