RELIST@ TAKE OVER PROFITABLE BUSINESS A CREDIT NO DLQS!
| Listing Information | |||
|---|---|---|---|
| Amount: | $16,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 54% |
| Lender Rate: | 20% | Borrower: | angelina3 |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2008-04-29 | EricsCC ROI: | -66% |
| Status History | |
|---|---|
| Apr 29, 2008 | Current |
| Aug 13, 2008 | Late |
| Aug 30, 2008 | 1 month late |
| Sep 30, 2008 | 2 months late |
| Oct 30, 2008 | 3 months late |
| Nov 30, 2008 | 4+ months late |
|
PURPOSE OF THE LOAN: I am re-listing, I have a great apportunity to take over a small business in Sawgrass Mills Mall Florida,it is a kiosk selling gift items and jewerly,a real turn key business that could change my entire life if I take it over now. Kiosk Monthly sales reported to the mall management: March 2007: $15,482 April 2007: $15,097 May 2007: $16,344 June 2007:$ 20,495 July 2007: $20,544 August 2007: $17,185 September 2007: $12,107 October 2007: $13,973 November 2007: $27,727 December 2007: $41,202 January 2008: $16,311 February 2008: $14,010 March 2008: $13,800 Mall Rent: $4500/month,November and December (Christmas season):$9,000 each. Cost of goods: 15% from sales Other expenses: $200/month(phone,internet,merchant account..) Payroll: current owner is paying 2 employees $5/hour plus 10%commission(mall operation 77hours a week) I am so convinced of the concept and confident that I can make a very respectful profit working in the kiosk myself,I reduced the amount of the loan to $16k just to cover mall rent and cost of inventory to start,the owner agreed that I could pay him $5k mall deposit within a month after I take over, this is my chance to improve my life ,as you can see I will have the apportunity to pay off my loan faster from the profit ,I will work harder to show you that you have invested in the right borrower. EXPLANATION OF MY CREDIT: I am a good condidate for this loan,I am highly responsible with my finances,never been late in paying my bills,no delinquencies, my credit is very clean. If you bid on my listing I promise that I will not let you down. Making my payments on time will be my top priority each month, I sincerely promise you that. Prosper loan will be set up for automatic payments just like I am doing with my first loan. HERE ARE MY MONTHLY FINANCIAL DETAILS: Net income after payroll deductions from all sources: $ 2600.00 plus commission( average of additional $800/month) Rent: $ 0( my family is paying my rent to help me out) Car : $ 314 Insurance : $ 71 Cell phone : $ 61 Groceries/gas : $ 50 Credit cards :$ 0 Prosper loan : $175 Total Monthly Expenses reduced to $671,I will have $1929 plus commission left to pay my new Prosper Loan if I remain in my existing job,hopefully,I will pay it off from the profit of the business sooner than Christmas 2008. As you can see, I am very motivated and willing to do whatever it takes to succeed, I never gave up my dreams,I paid off all my debts over $13500 to start my life again with a good credit history.Please feel free to ask questions.I will answer all of them. Thank you for your time reading my listing. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 102008 | start my own business again | D | $25,000 @ 17% | Feb 21, 2007 | Withdrawn |
| 102010 | START MY OWN BUSINESS AGAIN !! | D | $25,000 @ 17% | Feb 21, 2007 | Withdrawn |
| 102643 | PLEASE DON'T LET MY DREAM BUSINESS GO! LET'S ALL MAKE MONEY@ | D | $25,000 @ 16% | Feb 22, 2007 | Withdrawn |
| 102673 | PLEASE DON'T LET MY DREAM BUSINESS GO!LET'S ALL MAKE MONEY@ | D | $12,000 @ 16% | Feb 22, 2007 | Withdrawn |
| 103013 | DEBT FREE,AA CREDIT,BACK IN BUSINESS ONLY WITH YOUR HELP@@@@ | D | $9,000 @ 17% | Feb 24, 2007 | Withdrawn |
| 104380 | HONEST BORROWER NEEDS HONEST LENDERS ..RELISTED ..RELISTED.. | D | $5,000 @ 15% | Feb 27, 2007 | Loan created |
| 263229 | PAY OFF PROSPER LOAN 1 .FINAL STEP TO FREEDOM!!@@@ | D | $15,000 @ 15% | Jan 10, 2008 | Expired |
| 294949 | NOW DEBT FREE!!! START MY NEW BUSINESS@@@ | A | $21,000 @ 16% | Mar 18, 2008 | Expired |
| 303862 | 2ND LOAN.HELP ME TAKE OVER PROFITABLE BUSINESS@@@ | A | $21,000 @ 16% | Apr 03, 2008 | Expired |
| 307576 | 2ND LOAN.HELP ME TAKE OVER PROFITABLE BUSINESS@@@ | A | $21,000 @ 16% | Apr 10, 2008 | Expired |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|