p2p lending at lending club
Eliminating Two Credit Cards
Homeownership Verified

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Listing Information
Amount: $14,000.00 Status: Expired
Grade: A DTI: 49%
Lender Rate: 13% Borrower: Castlewall
Time Left: Finished State: OH
Funded: 0% Group: (No Group)
Purpose of loan: This loan will be used to pay off two credit cards with high interest rates ($10,910.01 at 19.99%) and ($2850.26 at 12.57%) pay off the debt faster, and improve my credit score.

My financial situation: I am a good candidate for this loan because I always pay my obligations on time, have no delinquencies, have very good credit, and have a solid asset base. We own our home, have another as a rental, and have a 4-plex. We own with partners the cottage business you can see in the pictures. I have a detail shop that runs itself through employees, and I work full time in auto reconditioning, namely paintless dent repair. We put as much as we can back into our businesses to grow them for the future. For example, to increase our occupancy, we put our money into building a pool area for the cottages this year, and took out only what we absolutely needed.October is our best month in the cottage business (falling leaves attract tourists) and we had a $12,000 profit, but we only distributed $5,000 to keep monies in and available current improvements.
My income is between $4900 and $6000 depending on what we choose to pull out.

Mortgage $1400 + $160 heloc
Auto $802.77 Only 8 payments left out of 60.
Groceries $300
Utilities $250
Insurances $400
Credit cards $1300 including the two to be eliminated by the Prosper loan.
Borrower's Other Listings
253605 Save $550 per month Paying off Car! A $7,400 @ 14% Dec 19, 2007 Loan created
380730 PIZZA FRANCHISE Storefront & Sign Upgrade. 2nd Prosper Loan B $14,700 @ 28% Aug 10, 2008 Expired
386730 New Signs for our Pizza Franchise. Perfect Prosper History! B $9,875 @ 28% Aug 22, 2008 Loan created

 

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