p2p lending at lending club
3RD RELIST NO DQs CONSOLIDATE DEBT

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Listing Information
Amount: $8,500.00 Status: Loan created
Grade: C DTI: 33%
Lender Rate: 20% Borrower: bushaada
Time Left: Finished State: MN
Funded: 100% Group: BORROWERS - Free instant Listings - LARGEST GROUP
Loan Information
Loan Status: 4+ months late Origination Date: 2007-12-12 EricsCC ROI: -50%
Status History
Dec 13, 2007 Current
Jan 30, 2008 Late
Feb 13, 2008 1 month late
Mar 13, 2008 2 months late
Apr 13, 2008 3 months late
May 24, 2008 4+ months late
Hi, my name is Adam and I am a good candidate for this loan because I am trustworthy and have 0 DQs. I recently started a small business. It is a luxury transportation company. We offer town car services and limousine rides. All our vehicles are paid for, but i took a credit line out to pay off the rest of one of the towncars on my own personal credit. We have a credit card in the company that we used to buy some advertising and insurance. I would like to consolidate both the credit line and credit card into one loan using prosper and not let the banks get my interest. Having the credit card in the business name does not show up on my credit report that is why I am asking for more than my revolving line of credit says. I have a credit card through citi business for $3100 @ 23% and the loan i have through credit one financial is $5100 @ 24%. I would like to put this into one loan so my revolving credit goes down. My company is growing on a daily basis, I work a full-time job as a CNC specialists which I cut out granite countertops. I make good money, and I plan on working there until i can fully support myself through my business. My business partner drives full-time and I drive when he can't. All the expenses my business has we make enough to cover them, so I do not have any more out of pocket expenses contributed to my business as of now. Any questions please feel free to ask. Thanks for all of your time.

Monthly Income $2500

monthly expenses: $ 2200 will be $1900 after loan
Housing: $400
Insurance: $200
Car expenses: $300
Utilities: $ 50
Phone, cable, internet: $50
Food, entertainment: $200
Clothing, household expenses $50
Credit cards and other loans: $800 before prosper loan and $500 after prosper loan
Other expenses: $150
Borrower's Other Listings
202586 Business opportunity C $20,000 @ 25% Sep 16, 2007 Expired
232059 debt consolidation C $15,000 @ 23% Nov 14, 2007 Withdrawn
233529 BUSINESS OWNER IN NEED OF CONSOLIDATING DEBT C $9,500 @ 23% Nov 17, 2007 Expired

 

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