new equipment, expand operations

| Listing Information | |||
|---|---|---|---|
| Amount: | $7,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 7% |
| Lender Rate: | 20% | Borrower: | Lamycpa |
| Finished | State: | MO | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-01-30 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| Jan 31, 2008 | Current |
|
Purpose of loan: This loan will be used to? expand my busines operations - both in St. Louis as well as in San Diego, CA. My financial situation: I am a good candidate for this loan because? I have a low debt/equity ration. My income is rising year-over-year. And have have not missed a monthly payment since 2001. Monthly net income: $ 10,000 Monthly expenses: $ Housing: $ 3600 Insurance: $ 400 Car expenses: $ 600 Utilities: $ 300 Phone, cable, internet: $ 100 Food, entertainment: $ 600 Clothing, household expenses $ 300 Credit cards and other loans: $ 1000 Other expenses: $ 500 |
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