Eric's Credit Community

Purpose of loan:
This loan will be used to purchase 48 pairs of new designer jeans (paperwork included for authenticity).  I will be selling them on Ebay for $30+ a pair.  I can sell about 7 pairs a week (different sizes, one style).  Gross sales of $840 a month minimum.  I have purchased inventory from this supplier 4 separate occasions and 4 different item lots.  I've always been satisfied with the products and delivery time.

My financial situation:
I am a good candidate for this loan because I have 1 year and 10 months of experience selling on ebay.  My username is illustriousgoods if you would like to check out my profile, I have excellent feedback.  I also sell used books on amazon.com.  My husband pays the car payments, insurance, credit cards ect.  The money I make is used for paying down bills.
My bankcard utilization is high because my limits are low.  The cards were used for traveling expenses to visit my husband while he was stationed in germany.  Another trip for him to visit our family and his family before he left for Iraq.
If the loan gets funded I intend to pay it off in 2 years instead of 3.  I paid of my last prosper loan in 2 months because business on Ebay was very good.  I will make the minimum prosper payment and use the money I make to buy more inventory then make a lump payment at the end of 2 years.

Monthly net income: $ 460.81
(average for 2006).  Projected net income $754.04/month from the jeans alone.

Monthly expenses: $ 230
  Housing: $ 0
  Insurance: $ 0
  Car expenses: $ 45 for gas (own hybrid)
  Utilities: $ 0
  Phone, cable, internet: $0
  Food, entertainment: $ 185 (diapers, formula, food)
  Clothing, household expenses $ 0
  Credit cards and other loans: $ 0
  Other expenses: $ 0