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Finish Flight Instructor Certification

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Listing Information
Amount: $6,001.00 Status: Expired
Grade: D DTI: 39%
Lender Rate: 21% Borrower: aviator77
Time Left: Finished State: MD
Funded: 0% Group: (No Group)
Purpose of loan:
This loan will be used to finish up flight instructor certification which will allow me to earn another income as a part time independent flight instructor.

My financial situation:
I am a good candidate for this loan because I have already established a perfect repayment record with my first prosper loan that enabled me to finish commercial flight training and start an aviation side business that garnered me a $13,485 addition to my income this year. The DTI rating shown is not accurate, I believe, as it was showing around 30 when I checked it two weeks ago. Also it does not reflect the increase in annual income I reported in my tax filing this year and will not show up until my current returns are posted with the credit bureaus. However, my reported income will be about $10,000 higher then the top end of the salary bracket shown in this listing.

Monthly net income: $ 4,800

Monthly expenses: $ 2,650
  Housing: $ 750
  Insurance: $ 70
  Car expenses: $ 680
  Utilities: $ 100
  Phone, cable, internet: $ 70
  Food, entertainment: $ 200
  Clothing, household expenses $ 100
  Credit cards and other loans: $ 630
  Other expenses: $ 50
Borrower's Other Listings
79614 Finishing Commercial Flight Training D $10,000 @ 22% Dec 30, 2006 Withdrawn
80984 Trying to finish commercial flight training. D $6,001 @ 22% Jan 03, 2007 Loan created
269175 Re-listed for a lower amount. D $6,001 @ 21% Jan 21, 2008 Expired
276457 Re-listed for a lower amount. D $6,001 @ 21% Feb 06, 2008 Expired
334933 Adding on CFI-G Rating D $6,001 @ 35% May 18, 2008 Expired
338945 Relisted: Adding on CFI-G Rating D $6,001 @ 35% May 25, 2008 Expired
342650 Relisted: Adding on CFI-G Rating D $6,001 @ 35% Jun 01, 2008 Expired
346988 Relisted for lower amount: Adding on CFI-G Rating D $4,000 @ 33% Jun 08, 2008 Loan created

 

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