p2p lending at lending club
New Front Porch/Addition
Homeownership Verified

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Listing Information
Amount: $4,500.00 Status: Loan created
Grade: B DTI: 15%
Lender Rate: 11% Borrower: geocachenut
Time Left: Finished State: MI
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2008-02-08 EricsCC ROI: 10%
Status History
Feb 08, 2008 Current
Nov 21, 2008 Payoff in progress
Nov 27, 2008 Paid
Purpose of loan:
This loan will be used to build and new porch on the front of our home.  We have owned this house for 7 years and have remodeled 75% of it on our own. 

My financial situation:
I am a good candidate for this loan because my wife and I have a great work ethic.  We both are in great positions in our own fields.  After completing a tour in the Army I have been a Licensed Sign Specialist working at the same job for nearly 14 years.  My wife has a great job in the County Government where she has worked for the past two years.  We pay our debts in a very timely manner.  Could easily get this loan from our bank....but simply wanted to give this a try.  We have both researched peer to peer lending after hearing so much about it on CNN Financial.

Monthly net income: My income  $43293.23 and my wifes is $33,500.00 

Monthly expenses: $
  Housing: $900.00
  Insurance: $185.00
  Car expenses: $203.00
  Utilities: $185.00
  Phone, cable, internet: $105.00 
  Food, entertainment: $160.00 
  Clothing, household expenses $400.00
  Credit cards and other loans: $
  Other expenses: We do budget for those "unexpected" items...
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