Relisted with a higher interest rate
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 13% |
| Lender Rate: | 13% | Borrower: | oldwiseman |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-04-14 | EricsCC ROI: | 11% |
| Status History | |
|---|---|
| Apr 11, 2008 | Current |
|
Purpose of loan: This loan will be used to? replace my current vehicle. I currently own a 1996 Ford Explorer SUV with many miles. My financial situation: I am a good candidate for this loan because?as a 58 year old I have always lived within my budget regardless of the amount. I currently maintain full time employment with a auto parts warehouse as a delivery driver; and receive many overtime hours regularly. I have been recently recruited by a $17 million gross per year company to oversee a business expansion into this region for which I expect a higher income ( more on this shortly ). In addition In the fall I will transfer into my name a 2 acre ( free and clear ) property that has been a family homestead since 1985. This should upgrade my status to "home ownership". My short term credit background is not indicative of a healthy longterm financial history ( Frankly, I expected a higher credit score rating ). I honor and continue to honor all my financial obligations. My short term duration with this employer is also not indicative of many years of full time employment in various fields ( I am also a certified paralegal and certified aviation sheetmetal repairman ). My relationship with my current employer is outstanding and my recent employment with them relates to the addition of an included medical benefit previously unavailable. I am now a single parent of four adult professional daughters. I mention this as their lives are not a consideration as they are all financially independent. I currently maintain a bank account for the purposes of this loan with a continuous high balance. The minimal auto loan through conventional banks is $7500.00. As this auto loan falls well below that minimum, it is unavailable through conventional means. Regardless of that, I personally find the Prosper solution more akin to my soul and disposition. I am also a registered lender. As I am relatively new to this process, I now raise my interest rate and relist. All in all slow and steady progress seems to be in my future. I hope you find my request within reason. Monthly net income: $ 1450.00 Monthly expenses: $ 1448.44 Housing: $ 432.54 Insurance: $ 30.00 Car expenses: $ 100.00 Utilities: $ 32.85 Phone, cable, internet: $ 101.05 Food, entertainment: $ 250.00 Clothing, household expenses $ 30.00 Credit cards and other loans: $ 300.00 Other expenses: $ 172.00=this loan proposal |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 296937 | replacement for primary vehicle | B | $5,000 @ 12% | Mar 22, 2008 | Withdrawn |
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