Great return from experienced borrower/lender - BID NOW!
| Listing Information | |||
|---|---|---|---|
| Amount: | $8,500.00 | Status: | Withdrawn |
| Grade: | B | DTI: | 25% |
| Lender Rate: | 16% | Borrower: | gstarcredit |
| Finished | State: | FL | |
| Funded: | 27% | Group: | (No Group) |
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I am not sure why this didn't fund the first time - it is almost an exact copy of my first loan listing which funded in 3 days back in June; I can only put it down to (lack of) lender activity at this time of year. My first Prosper loan was used to finance an advertising campaign which was successful enough to pay back the entire loan balance within six months. This loan will also be used to finance another advertising campaign, but on a larger scale; through extensive tracking I have found our most effective medium and I am ready to go for it in the first quarter of 2008. My financial situation: I am a lender on prosper and I am also a lender by profession ? I own a small firm specializing financing new home buyers into bank owned properties with conforming loans. Please note: 1. Florida is rate capped at 16.27% 2. I am not a member of a group on purpose so please don't solicit me. 3. I have reduced the requested loan amount and increased the listing duration as lender activity appears to be (way) down at this time. 4. The inquiries on my credit are associated with my company - every time we are approved with another wholesale lender they run my credit to verify that I am responsible enough to loan their money (its a pain, but unavoidable). Monthly budget: Average monthly income $8300 Expenses: Mortgage: $1963.26 2nd Mortgage: $658.75 Health Insurance: $212.50 Life Insurance: $127.40 Auto Insurance: $134.25 Car Payment: $344.48 Phones: $292.74 Utilities: $404.93 Misc Food & Other: $1000.00 Total: $4138.31 Feel free to ask me a question. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 117236 | Proffesional Lender Seeks to Expand | C | $25,000 @ 10% | Mar 30, 2007 | Withdrawn |
| 117479 | Professional Lender Seeks to Expand | C | $10,000 @ 12% | Mar 31, 2007 | Withdrawn |
| 117747 | Increase promotion - incorrect dti. | C | $11,000 @ 15% | Apr 01, 2007 | Expired |
| 128296 | Invest in advertising and experiece borrowing on Prosper | C | $5,000 @ 13% | Apr 24, 2007 | Loan created |
| 253071 | 2nd Prosper Loan - Same Purpose: Investment in Advertising. | B | $10,000 @ 16% | Dec 18, 2007 | Expired |
| 257637 | Bid Now! 2nd Prosper Loan - Great Return! | B | $5,000 @ 14% | Dec 29, 2007 | Loan created |
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