p2p lending at lending club
Buying a Car

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Listing Information
Amount: $12,500.00 Status: Loan created
Grade: A DTI: 18%
Lender Rate: 11% Borrower: Peer
Time Left: Finished State: MI
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2008-02-28 EricsCC ROI: 10%
Status History
Mar 01, 2008 Current
Nov 06, 2008 Payoff in progress
Nov 11, 2008 Paid
Purpose of loan:
This loan will be used to? buy a used car. My car is getting old. I drive a 1999 Corolla. I have no payments on it. I paid cash when I bought it.

My financial situation:
I am a good candidate for this loan because? I earn more than enough to cover the payment. 
 I pay 0% on my other auto loan with Hyundai.
I never carry a balance on my credit cards. I do only when it is 0% APR.
My wife works as a computer programmer too.

Monthly net income: $ 4,200 (excluding wif'es income)

 Monthly expenses:
$   Housing: $ 1000
Car expenses: $ 550 
Utilities: $ 230 
Phone, cable, internet: $ 120 
Food, entertainment: $ 200  Clothing,
household expenses $ 400 
Credit cards and other loans: $ 60 
Other expenses: $ 200
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