home improvement
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 17% |
| Lender Rate: | 28% | Borrower: | cashewpeanuts |
| Finished | State: | NJ | |
| Funded: | 100% | Group: | FUTURE FINANCIAL FREEDOM 1 |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Default | Origination Date: | 2008-05-27 | EricsCC ROI: | -46% |
| Status History | |
|---|---|
| May 24, 2008 | Current |
| Jan 11, 2009 | Late |
| Jan 30, 2009 | 1 month late |
| Mar 07, 2009 | 2 months late |
| Mar 28, 2009 | 3 months late |
| Apr 28, 2009 | 4+ months late |
| Apr 29, 2009 | Default |
|
Purpose of loan:I need this money to buy a new van and home repairs for my business.I had one loan with prosper that was never late and paid back. The debt to income is wrong baseed upon the business. I will be using some of the money to setup a LLC. My financial situation:I have couple hats. I am a retail manager and have been with my company for 13 years. I am also a licensed realtor. I own my current home and own 10 other investment properties all in a positive cash flow position. I have a large 401k and as well as company stock that can pay back the loan. Which I would rather not due to the capital gain taxes that I would have to pay. my cleaning company nets a litlle over $2,000 a month. I will also be doing automatic withdrawl monthly. Monthly net income this after the monthly payments of the investments: $ 1,050 + (cleaning business 2,100) = 3,150 My wife and my income 6,000 monthy = total income is 9,150 Monthly expenses: $ Housing: $ 2,040 Insurance: $ 200 Car expenses: $ 230 Utilities: $ 125 Phone, cable, internet: $ 150 Food, entertainment: $ 200 Clothing, household expenses $ 200 Credit cards and other loans: $ 1000 Other expenses: $ 300 4,905 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 140487 | Home improvement | D | $25,000 @ 14% | May 20, 2007 | Withdrawn |
| 140996 | home repairs | D | $15,000 @ 13% | May 21, 2007 | Withdrawn |
| 141446 | home repairs | D | $15,000 @ 13% | May 22, 2007 | Expired |
| 150511 | home repairs | D | $5,000 @ 13% | Jun 11, 2007 | Loan created |
| 199457 | expanding small business | E | $15,000 @ 12% | Sep 09, 2007 | Withdrawn |
| 199582 | expanding small business | E | $8,000 @ 12% | Sep 09, 2007 | Expired |
| 247744 | home improvement | D | $5,000 @ 14% | Dec 09, 2007 | Expired |
| 265390 | home improvement | D | $20,000 @ 13% | Jan 14, 2008 | Withdrawn |
| 266042 | home improvement | D | $25,000 @ 13% | Jan 15, 2008 | Withdrawn |
| 268470 | home improvement | D | $12,000 @ 13% | Jan 20, 2008 | Expired |
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