Expand Business/Payoff some debt

| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 36% |
| Lender Rate: | 23% | Borrower: | Sir_P |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-02-20 | EricsCC ROI: | 20% |
| Status History | |
|---|---|
| Feb 20, 2008 | Current |
|
Purpose of loan: I will be using this loan to expand my new business which has grown steady since opening and pay down some debts showing on credit from opening the business. My financial situation: I have always been responsible and paid all my bills on time. My credit grade would have been showing AA without all the balances showing from the business start-up. I usually pay most of my balances off earlier than required. My plan is to have this prosper loan paid off in less than 18 months. There is more than enough funds to pay this prosper loan from my personal salary each month. Monthly net income: $ 2866 Monthly expenses: $ 345 Housing: $ 0 Insurance: $ 0 Car expenses: $0 Utilities: $ 0 Phone, cable, internet: $ 0 Food, entertainment: $0 Clothing, household expenses $ 0 Credit cards and other loans: $ 345 Other expenses: $ 0 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 229410 | Expand Business/Payoff some debt | C | $7,500 @ 30% | Jan 31, 2008 | Withdrawn |
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