p2p lending at lending club
Foreclosure Investment
Homeownership Verified

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Listing Information
Amount: $24,000.00 Status: Withdrawn
Grade: AA DTI: 50%
Lender Rate: 16% Borrower: frugal12
Time Left: Finished State: AZ
Funded: 4% Group: (No Group)
Purpose of loan:
This loan will be used to?
Invest in foreclosure or another property that I deem worth investing in. Being 'in' the business gives me a slight edge. There are enough out there now that I pick only those that will be worthy of my money and time; and your money too. Buying the home is not a problem; fixing it may be the reason for this. It's your money and I realize that! 

My financial situation:

I am a good candidate for this loan because?
"Never give up!" has been what got me to this outstanding credit rating and I will not lose it. One credit card is at 1.9%; why should we pay it off ($50.00/month). Another credit card is @ 4.9% (600.00/month). Already in 2008 I have earned 50% of last years income!!! My goal is to reach $100,000.00 this year. We have an avalaible line of credit (zero balance) greater than this entire loan for less percentage. We just paid May 2008 ($1,300.00/month) for our mortgage (that's a different lesson). The more I write, the less I want this loan!?! No auto payments at all. One credit card we pay off EVERY MONTH. $1,000.00 to live and $1,000.00 business are approximate. I encourage questions. I am a grandfather and am too old to kid around; but a good joke and a smile go a long way! Minnesota was a wonderful place to grow up and building snowmen is not my idea of recreation now.
Borrower's Other Listings
279596 Share the Real Estate - AA credit AA $25,000 @ 25% Feb 14, 2008 Loan created
316438 Very Safe!!! Present LENDER expanding portfolio. AA $24,000 @ 12% Apr 26, 2008 Expired
324797 ON VACATION! You Help Us Decide AA $24,000 @ 7% May 05, 2008 Withdrawn
335005 Very Safe! LENDER with Prosper AA $8,888 @ 9% May 20, 2008 Expired
358415 Lender Will Pay You or Bank - 17%DTI AA $12,300 @ 10% Jun 27, 2008 Withdrawn
359173 No DQ's! Vested interest! No Risk! Why lend? AA $9,990 @ 10% Jul 11, 2008 Withdrawn
371321 Zero DQ's! 27% DTI, 110% Vested = No Risk!!! Why not? AA $25,000 @ 17% Oct 15, 2008 Cancelled

 

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