p2p lending at lending club
Buying a car

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Listing Information
Amount: $3,000.00 Status: Loan created
Grade: D DTI: 5%
Lender Rate: 20% Borrower: chief_o_1
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-01-02 EricsCC ROI: 17%
Status History
Jan 01, 2008 Current
Purpose of loan:
I need to buy a car for work. I plan on buying a used car for one lump sum.
My financial situation:
I work as an Architectural Illustrator and own my own business. It is going very, very well. My income has been steadily increasing since I started and the workload has been building up and up. In fact, I've recently landed a job with a design studio who want me to be their lead architectural specialist, which will pay $40/hour!

As for my credit history: I HAVE NEVER BEEN DELINQUENT on a credit card payment. My credit grade is somewhat low as I'm somewhat new to the credit game, but I now have 2 open credit lines which I use regularly and never miss a payment.

With the money I'm making now, (which will continue to increase), I will have no problem keeping up the payments for this loan.

Monthly net income: $ 2600

Monthly expenses: $ 1380
  Housing: $ 150
  Insurance: $ 0
  Car expenses: $ 0
  Utilities: $ 0
  Phone, cable, internet: $ 80
  Food, entertainment: $ 200
  Clothing, household expenses $ 100
  Credit cards and other loans: $ 500
  Other expenses: $ 350
Borrower's Other Listings
237125 Buying a used car D $6,000 @ 26% Nov 25, 2007 Withdrawn
240682 Buying a car D $6,000 @ 25% Nov 29, 2007 Expired
247699 Buying a car D $4,000 @ 25% Dec 09, 2007 Expired

 

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