Part home loan, part personal loan, part business loan
| Listing Information | |||
|---|---|---|---|
| Amount: | $23,000.00 | Status: | Withdrawn |
| Grade: | HR | DTI: | 70% |
| Lender Rate: | 35% | Borrower: | Derrick_JFI |
| Finished | State: | CA | |
| Funded: | 0% | Group: | (No Group) |
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Purpose of loan: Part of this loan (around $5-10K) will be used as a down payment on a new home for me and my child (I am currently looking at fore closures/fixer uppers, so I will use more of the loan on a home if I find the right deal), and I will also use a portion of this loan to pay off my first Prosper loan, as well as pay off the rest of my debt (around $7K total). Another part of this loan will go to upgrading the cameras for my business- www.jfiproductions.com My financial situation: I am a great candidate for this loan because I am a very honest and caring person. The main goal behind this loan is so that first and foremost, I can get my son a place to call home. Regardless, if this loan is funded or not I plan on purchasing a new home for us in April or May of 2008. I have been working for a temp service- Adecco, now for about 3 months at the Nestle/Arrowhead bottling plant in Cabazon, California. I have been making $13 an hour at 40 hours a week. I am assured that I will be getting hired on full time by Nestle in early February and I will be earning an extra $3 dollars an hour (from $13 to $16) plus this spring I will start getting a minimum of 4 hours of overtime a day. $16 X 40=$640 a week (40 hours) plus the over time. $24 (time and a half) X 20 hours (4 hours a day) =$480- That will be just about $1100 a week. Luckily I am also supposed to start the day shift in January- 6am-2:30pm. Even when spring comes I will still be home by 6:45pm- I only drive about 7 minutes to work. Plus I just signed a contract (12/07) for a TV producer out of Florida to video edit a TV series that airs in Florida and Alabama- Community Central TV- this will also bring in up to $2500 per month, for a minimum of 6 months (She guaranteed me more but this agreement was just a start). Even with working 12 hours a day on my normal job these projects will only take me a few hours to complete each episode with several days to work on per episode (my days off). The cameras that I would like to purchase will also bring in great revenue for my business. The equipment would bring in a minimum of $5K per project. I am looking at multiple cameras with the ability to edit while taping (multi switching). I am always getting calls from local colleges and schools that are looking for these types of services, but I always had to turn them down due to the equipment that I have been using. I already have a few projects in the works, with a few local stations interested, but I just can?t shoot them with home video cameras. Monthly net income: $ Currently just my Addeco/Nestle Waters income- $2080By March-$2560By April/May- $4480Plus I will also have the extra income from the Community Central project starting the first week of January. I know that the opportunities that I have will allow me to better myself as well as better my son, I just hope that I get the opportunity to pass along the good fortune. Thank you for your time and consideration. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 50182 | Upgrade Digital Video equipment for minority owned business | HR | $25,000 @ 20% | Oct 18, 2006 | Withdrawn |
| 52621 | Video Productions upgrades and credit card payoff | HR | $25,000 @ 18% | Oct 24, 2006 | Withdrawn |
| 55047 | Equipment upgrades and credit clean up | HR | $20,000 @ 26% | Oct 30, 2006 | Withdrawn |
| 57908 | Equipment upgrades and credit clean up | HR | $25,000 @ 29% | Nov 06, 2006 | Withdrawn |
| 58387 | Credit card payoff and Credit Clean up | HR | $7,500 @ 29% | Nov 07, 2006 | Expired |
| 63264 | RELIST: Credit Card Payoff and credit clean up | HR | $3,000 @ 29% | Nov 17, 2006 | Withdrawn |
| 67065 | Relist: Pay off Credit Cards and Credit Clean up | HR | $2,550 @ 21% | Nov 27, 2006 | Loan created |
| 263518 | Pursueing high end accounts- equipment upgrades | HR | $15,500 @ 20% | Jan 11, 2008 | Withdrawn |
| 264174 | RELIST: 110% commited to Lenders | HR | $17,500 @ 35% | Jan 13, 2008 | Withdrawn |
| 265171 | RELIST: A Place to call home- 110% commited to Lenders | HR | $17,500 @ 35% | Jan 14, 2008 | Withdrawn |
| 326373 | A Place To Call Home! | HR | $7,000 @ 20% | May 05, 2008 | Withdrawn |
| 377243 | Paying off those high interest rates! | HR | $6,500 @ 35% | Aug 03, 2008 | Expired |
| 380617 | Relist: Paying off high interest rates! 110% commited | HR | $6,000 @ 35% | Aug 10, 2008 | Expired |
| 384400 | Relist: Paying off high interest rates! 110% commited | HR | $5,000 @ 35% | Aug 18, 2008 | Expired |
| 389229 | Relist: Paying off high interest rates! 110% commited | HR | $4,500 @ 35% | Aug 27, 2008 | Withdrawn |
| 392896 | RELIST- Last hope. . 110% committed to repayment | HR | $4,500 @ 35% | Sep 04, 2008 | Withdrawn |
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