Eric's Credit Community

Purpose of loan:
Technically I should  make enough to sustain me every month. However, I have been recently having problems keeping positive cash flows. I usually need money between a 6-7 days float, and since I do not have a credit card (no, i REFUSE to get one) I want to establish a reserve fund to keep my cash flow positive. The reason for these swings is that I make significant investments of large capital (to me)  $600-700 depending on actions of the federal reserve and other economic situations. I have very unique debt demands, and I think prosper is the place to go to get this kind of service.


Monthly net income: $ 3000

Monthly expenses: $
  Housing: $ 625-750/month (live with seven guys, depends on if we buy stupid things like kegs)
  Phone: $100/month
  Hockey: $200/month
  Caltrain (transportation): $200
  other: too much? I am not froogle, I can be froogle when I'm dead.  (that doesn't mean I don't save)

Current Debt
-Took $3000 @ 8% 12 months via credit union as a single debt vehicle two months ago; paid down $480 (most likely won't use prosper to pay down with 8%.... unless you guys can beat that for me, and then I'd REALLY love you.)
-Overdraft LOC: I am currently using $900/$1000 (just made a big capital investment) of my LOC at my evil bank at 15% but usually its 1-6 day period that I use my LOC (this would be paid down with prosper, obviously)
-School N/A, deferred payments past the term of this loan. (if it makes you feel better 11k has already been paid down early, if you can't tell already...I am terrified of debt.
-This loan

Why you should feel good.

I have 25k of my wealth in precious metals (and that was 6months ago, today 40% ROI)

Unlike my last prosper loan, I tend to make this a semi-longer term loan. (last one i clarified that it would be paid back early, and i followed through a couple months in)

My company is funded for beyond the term of this loan.

If you have facebook you should check out our application at http://apps.facebook.com/_dipity_  (ok thats not really a reason to feel good, but if you fund me your technically a steak holder, right?)

I have parents, implicit co signers for anything I do.....right?

I should practically be a TIPS bond I'm so secure ;)

If you have any questions, especially if you have concerns about my investment strategies,  let me know and I'd be happy to respond.