p2p lending at lending club
Capital to Expand Business & Payoff a Credit Card

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Listing Information
Amount: $20,000.00 Status: Loan created
Grade: A DTI: 23%
Lender Rate: 13% Borrower: coco07
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-01-02 EricsCC ROI: 11%
Status History
Jan 01, 2008 Current
Purpose of loan:
Well I like to give this a try again and see if this time will work, I thank you in advance for your previous bids please help me this to fund.
My wife and I own a small janitorial company, and we like to have our company growth a little more. My wife is been in charge for few years with very stable accounts. We like to expand and hired people to work for us also I like to payoff my only credit card I have with a balance.

I recently discovered prosper and really like your mission of people helping people and if I am going to borrow money to succeed, I like to help other succeed too. I know with my good credit I can go to a bank and get a loan but I rather pay my interest to people like me.

As I am getting ready to retired from a company I been working for over 11+ yrs it is time to make our company growth and ensure extra income other than our retirement. (my retirement will not happen just yet, I still have 3yrs before my retirement but we have to get ready to that time) I am a father of 3 and my youngest a (Son) gradute with honors from San Francisco State University with a major and journalist, he still live with us has a stable job and contribute to the house financially.

My financial situation:
I work full time in addition to the business. My wife and Son, whose information is not included, Also work full time and get $1300 for housing expenses from my son every month and my wife contributes with the food and $1000 every month.
No bankrupcies or repossessions. I also have cash in CD's Accounts as well as cash on hand. I am very conservative on how I use my credit and like to keep my self from any debt not needed. Thank you for your Bids!!!! you won't be dissapointed.

Net income $ 4100

Rent $1100.00
Car Insurance $120.00
Cars $ Paid
Utitlities $80.00
Cable, Phone, Internet $90.00
Credit Cards $70.00
Food $ (My wife takes care of food)
Entertaiment $200.00

Total Expenses $ 1660.00


Borrower's Other Listings
248091 Capital to Expand Business & Payoff a Credit Card A $20,000 @ 16% Dec 10, 2007 Withdrawn
249254 Capital to Expand Business & Payoff a Credit Card A $20,000 @ 16% Dec 11, 2007 Expired

 

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