p2p lending at lending club
A Prosper Lender Trying Out The Other Side

Click Here to view this listing on Prosper
Listing Information
Amount: $3,000.00 Status: Loan created
Grade: AA DTI: 8%
Lender Rate: 7% Borrower: RG
Time Left: Finished State: CA
Funded: 100% Group: Eagle Scout Lending Group
Loan Information
Loan Status: Current Origination Date: 2008-06-12 EricsCC ROI: 6%
Status History
Jun 12, 2008 Current

Purpose of loan:


This will be a loan for me to do what countless other lenders have tried doing - attempt to make a small profit by bidding on other prosper.com loans. I have been a lender for several years on prosper never having taken a loan. I work for the state and make a respectable salary that more then covers the bills. I thought I'd try this out to increase my usage on prosper.com and I think it's probably also a good way to keep my credit score up since it will be another credit boosting opppertunity. ?


My financial situation:


Income
Salary of $5600 monthly
$850 rent monthly
several thousand in investments including prosper.com and my 401K and stocks
$261 a month to student loans
No car payments
the balance for eating and discretionary expenses.

I'm happy to answer any questions you might have too.

One other thing worth noting: While I am a member of the Eagle Scout lending group (as I am an eagle scout) I know they don't have the highest rating on prosper. I just wanted to point out that I run a highly rated lending group for UC Davis students and alumni. You can find it here: http://www.prosper.com/groups/group_home.aspx?group_short_name=UCDavis 
Discussion For This Listing

No Comments Found For This Listing

Post A Comment
You must be logged in to post comments on listings. Not yet a member? register here