Strike Fund
| Listing Information | |||
|---|---|---|---|
| Amount: | $14,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 88% |
| Lender Rate: | 18% | Borrower: | itsme |
| Finished | State: | CA | |
| Funded: | 100% | Group: | Lend2's Group |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-01-18 | EricsCC ROI: | 15% |
| Status History | |
|---|---|
| Jan 18, 2008 | Current |
|
Purpose of loan: We are involved in the writer's strike of late. I do not work in the industry but my wife does. Nevertheless, our earning power and cash flow until this is resolved is diminished. She, by the way, is not a writer but still hit by this. My financial situation: I am a great candidate because I have managed more debt than some companies do for over 20 years. There is not ONE derog, lien, judgment, bk, or other negative item on my or my wife's bureau. The DTI ratio on this site is a bit overdescribed. Its more like 40% which is still very high. But, some of the mortgage payments are being counted twice as we just sold and paid off our rental home and that hasnt hit bureaus yet. ALSO -- VERY IMPORTANT -- I was a D borrower last time. I am now a B. Prosper actually emailed me and because of my great payment status and no issues at all, they asked me to apply for more and thanks to this situation, I could use it. I have made some good money for my investors. I have very good cash flow. We will be able to manage, as we do with every payment, the additional prosper payment. In fact, we paid down the other one we have. Monthly net income: $ Mine: $8500 Wife: $14000 (outside of this strike period) Monthly expenses: $ Housing: $ 4500 Insurance: $ 1000 Car expenses: $ 1000 Utilities: $ 200 Phone, cable, internet: $ 200 Food, entertainment: $ 400 Clothing, household expenses $ 350 Credit cards and other loans: $ 4000 Other expenses: $ 500 Net left over : $10350 We thank you very much for the opportunity to continue the magic that Prosper provides. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 6431 | Bridge Loan | C | $20,000 @ 14% | Apr 18, 2006 | Expired |
| 143573 | Bridge to no debt! | D | $20,000 @ 19% | May 29, 2007 | Withdrawn |
| 144095 | Bridge to Freedom! | D | $25,000 @ 25% | May 29, 2007 | Withdrawn |
| 144511 | Bridge to Credit Free Bliss | D | $12,000 @ 22% | May 30, 2007 | Loan created |
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