A Prosper Success Story - Expanding My New Business
| Listing Information | |||
|---|---|---|---|
| Amount: | $20,000.00 | Status: | Expired |
| Grade: | C | DTI: | 22% |
| Lender Rate: | 22% | Borrower: | truelark |
| Finished | State: | MD | |
| Funded: | 0% | Group: | (No Group) |
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A year and a half ago after a series of medical and personal problems destroyed my once excellent credit I came to Prosper to get a loan to pay back a relative who had helped me out when things were rough. My credit was in the tank - HR. I had 6 delinquencies on my record and I had nowhere else to turn. The only thing I had to back me up was my 22 years of steady employment. The folks at Prosper took a chance on me and have made me a Prosper success story! I have made all my loan payments on time. I have cleaned up my credit report with the exception of one delinquency which is a disputed item. The credit card in dispute does not belong to me and I hope to have that cleared off my record in the next 30 days. I recently purchased a home. My credit rating is up to a C and on its way back to an AA. And thanks to Prosper's trust in me, besides paying my relative back I was able to pursue a life-long dream and start my own business as a part-time freelance translator while still working my full-time job. Well, business has taken off big time and I have now started my own translation agency. With the new business booming it's time to hire a full-time office manager to take over the administrative side of the house while I concentrate on the technical side. I'm looking for a loan from Prosper to fund the new employee's salary and benefits for the first 6 months as well as provide up-front money to hire freelance-contractors to help me with the work load and continue to grow my business. I will also be buying a new desktop, a scanner/printer/fax machine and will be upgrading the phones and the computer service to DSL. And of course I plan to pay off my first loan in full. Paying this loan back will not be a problem. I'm currently pulling in $1800-2400 a month from the translation work alone (in addition to my full-time salary). Thank you for considering bidding on my loan. It will give you an opportunity to make a nice return on your investment with very little risk and will help me continue on the road to financial and professional freedom! I am happy to answer any questions you might have. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 8106 | Cleaning Up and Starting Over | HR | $7,500 @ 21% | Apr 25, 2006 | Withdrawn |
| 8763 | HR with little risk to you; Make money helping me start over | HR | $7,500 @ 24% | Apr 26, 2006 | Expired |
| 14548 | HR with little risk to you; Make money helping me start over | HR | $7,300 @ 24% | May 19, 2006 | Expired |
| 18222 | HR with little risk to you; Make money helping me start over | HR | $6,100 @ 24% | Jun 07, 2006 | Expired |
| 20226 | HR soon to be AA again; Make money with NO risk to you | HR | $6,001 @ 24% | Jun 17, 2006 | Loan created |
| 254874 | Relist: Low Risk, High Return for You - Business Expansion | C | $20,000 @ 22% | Dec 23, 2007 | Expired |
| 258946 | Rock Solid Investment for You - Business Expansion for Me | B | $20,000 @ 22% | Jan 02, 2008 | Cancelled |
| 266996 | Relist:Solid Investment for You - Business Expansion for Me | B | $20,000 @ 22% | Jan 17, 2008 | Withdrawn |
| 270634 | FInal Relist: Responsible Borrower&Lender, 2nd Prosper Loan | B | $20,000 @ 35% | Jan 24, 2008 | Expired |
| 274208 | 2nd Prosper Loan for Responsible Borrower and Lender | B | $20,000 @ 35% | Jan 31, 2008 | Expired |
| 278065 | Answer: Hard Work, Persistence, and the Ability to Change | C | $15,000 @ 20% | Feb 10, 2008 | Loan created |
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