p2p lending at lending club
Inventor needs help/dynamic new product

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Listing Information
Amount: $3,800.00 Status: Withdrawn
Grade: D DTI: 14%
Lender Rate: 35% Borrower: limeycowboymike
Time Left: Finished State: CA
Funded: 6% Group: Brighter Financial Future
Purpose of loan: I am close to completing my invention, but need a few extra dollars to tie up loose ends,I have patent pending status and product and box design is complete Hopefully close to presentation with a large company.I need additional funds to present my product to casinos and stores.I need to have about 300 to 400 items of my invention produced for a test market to the casinos
(explain what you will be using this loan for)

My financial situation: Working hard everyday,been at same employment since 1990,getting life ontrack,and improving on my credit score every month.All payments have been made on time .I cannot understand why cdedit rating has gone down???
(explain why you are a good candidate for paying back this loan)

Monthly net income: $ 2400

Monthly expenses: $
  Housing: $ 500
  Insurance: $ 45
  Car expenses: $ 340
  Utilities: $ 40
  Phone, cable, internet: $ 90
  Food, entertainment: $ 190
  Clothing, household expenses $ 100
  Credit cards and other loans: $ 180
  Other expenses: $50
Borrower's Other Listings
176793 Inventor needs help C $3,200 @ 16% Jul 26, 2007 Withdrawn
179125 Inventor needs help C $3,500 @ 15% Jul 31, 2007 Loan created
301955 Inventor needs help D $4,500 @ 29% Mar 31, 2008 Withdrawn
303533 Inventor needs help D $4,300 @ 33% Apr 02, 2008 Withdrawn
307594 Inventor needs help/new product D $2,800 @ 20% Apr 11, 2008 Loan created

 

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