Reinvesting in Prosper and improving Credit score!
| Listing Information | |||
|---|---|---|---|
| Amount: | $1,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 1% |
| Lender Rate: | 7% | Borrower: | namtabtech |
| Finished | State: | NY | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2008-01-02 | EricsCC ROI: | 6% |
| Status History | |
|---|---|
| Jan 01, 2008 | Current |
| Apr 23, 2008 | Payoff in progress |
| Apr 26, 2008 | Paid |
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Purpose of loan: This loan will be used to improve my credit score. I work in the finance industry and was advised the only way to bring my credit score higher is to have a history with "installment" loans (I have a long history with "revolving loans" aka credit cards). I will reinvest this money in prosper where I already have close to $3k invested or take a small loss on it in a 3 year CD. My financial situation: I am a good candidate for this loan because I don't need the money. I am a VP of technology for a wall street firm. I have only one delinquency on my credit report which is from a dispute (which I won) with the Big Evil Cell Phone Corporation Inc. |
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