Borrowing to Invest
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Withdrawn |
| Grade: | D | DTI: | 27% |
| Lender Rate: | 19% | Borrower: | swm145s |
| Finished | State: | CA | |
| Funded: | 3% | Group: | Vets helping Vets |
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Hello! I am currently serving in the US Navy as an Officer flying the mighty E-2C Hawkeye. Just a year ago I got out of my first tour flying squadron and now I am here on shore duty, getting a house set up, and enjoying my time. My brand new wife and I are spending our time getting our financial future set up and combined together. Last year we borrowed a small amount from Prosper.com and then re-invested and it worked out very well for us. We would like to do this again and at a lower rate. We have been living together for a year and have quite an extensive income, but since we have combined our debt and I can only count my income, my DTI looks high. With her income paying all her portion of the college bills, her car, her credit she has brought to the table, my DTI is 20% and this can be documented if you require details. My debt was much lower before taking on the cost of her debt. We are managing it comfortably, but require another year to lower the total balances. I earn approximately $10200 a month and my wife earns another $3300 so you don't have any concerns about getting your money back if someone defaults on me. Good Bidding! LT |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 75632 | Borrowing to Loan | D | $3,000 @ 18% | Dec 17, 2006 | Loan created |
| 278047 | Borrowing to Invest | D | $10,000 @ 21% | Feb 10, 2008 | Withdrawn |
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