Income Tax

| Listing Information | |||
|---|---|---|---|
| Amount: | $20,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 13% |
| Lender Rate: | 11% | Borrower: | Tonyd967 |
| Finished | State: | PA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-05-15 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| May 24, 2008 | Current |
|
Purpose of loan: This loan will be used to? My LLC did better in 2007 than I had anticipated. I can send installments to pay off my tax liability but would rather send one lump sum as the government charges a monthly fee to send installments. All state and local taxes have been paid in full as well as my first quarterly estimate due in April of 2008. What I had availible to pay off 2007 federal was not enough however. I also have a commercial building set to sell (closing May 9th) that would give me the money to pay in full however I want the payments to be made from my LLC. I listed previously but my state (Pennsylvania) had a maximum interest rate I could offer at 5% so it was difficult to get noticed. My financial situation: I am a good candidate for this loan because?The situation that caused me to not have enough set aside for 2007 has been corrected and will not be a problem for 2008. I hope my credit rating and no revolving debt helps to reassure you. Thanks for considering me. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 307748 | Income Tax | AA | $20,000 @ 5% | Apr 11, 2008 | Withdrawn |
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