Expanding our business

| Listing Information | |||
|---|---|---|---|
| Amount: | $6,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 31% |
| Lender Rate: | 16% | Borrower: | irinuca |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-02-20 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Feb 18, 2008 | Current |
|
Purpose of loan: After one succesful loan with prosper we would like to try another. As business is good and we want to expand, we would use this credit as down payment for a straight truck. My financial situation: Once again, I was never late on paying my bills so you can be sure I'll never be late on paying this loan. Monthly net income: My net income is $2,600 (got a raise in the meantime). However the household income is around $5000-$6000. We have 2 businesses running that bring us the additional income. Monthly expenses: I'll list our total average expenses. Please keep in mind that I not paying these out of my income alone but from our household income. Housing: $ 1,200 Insurance: $ 170 Car expenses: $ 220 Utilities: $ 250 Phone, cable, internet: $ 250 Food, entertainment: $ 600 Clothing, household expenses $ 200 Credit cards and other loans: $ 700 (paying more than minimum) Other expenses: $ 100 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 179857 | Final Debt Consolidation | B | $15,000 @ 14% | Aug 01, 2007 | Loan created |
| 279718 | Extending our business | B | $12,000 @ 15% | Feb 14, 2008 | Withdrawn |
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