2ND LOAN, AWESOME BORROWER NO RISK, CHECK PROSPER HISTORY!!!
| Listing Information | |||
|---|---|---|---|
| Amount: | $13,500.00 | Status: | Loan created |
| Grade: | D | DTI: | 47% |
| Lender Rate: | 24% | Borrower: | rebeccagradwohl |
| Finished | State: | WA | |
| Funded: | 100% | Group: | Lend2's Group |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-05-29 | EricsCC ROI: | 22% |
| Status History | |
|---|---|
| May 29, 2008 | Current |
|
About Me: My name is Rebecca I am a Hairstylist in University Place, WA... I have a wonderful fiance... and no children.. the only child I have is my salon. I am the owner of salon prodigy™I have been doing hair now for 6 yrs... and just opened my own salon... needless to say business has been good. Credit History: I have no real credit established other than a credit card and a home depot card... Both have very low limits and I have not requested larger.. I pay all of my bills on time... I have paid down almost all of my debt, I owe less than 400.00 on paypal credit (salon waiting area seating) and 11000 left on a car loan. that is all of my credit debt!!! I have worked hard to ensure that all of my credit debt has been paid in full!!! Reason for Loan: I need to expand my business... I took out a loan last year to add new stylists, I have 3 new stylists now and it did add a lot of revenue to the salon, (apprx. 4k net profit a month in our salon) The money will be used to add these 4 new hair stations a massage room, an esthetics room and nail services. We have saved 15000 dollars in cash to do this expansion, it will cost me around 22k to 25k to complete the expansion. This need is great as most of our clients utilize these additional services at other business, I would like to capture as much return per client as possible. Plan for Repayment: I HAVE NEVER MISSED A PAYMENT ON ANY LOAN, NEVER BEEN LATE PAYING PROSPER LOAN, THIS IS RISK FREE, MAY AS WELL HAVE AA CREDIT RATING AS FAR AS RISK FACTOR GOES, personally have 3k invested in prosper as a lender, I will pay back this loan!!! That is the simple part... Without the additional staff added I have more than enough money left over to pay this loan off. The additional rents from the furniture will yield rent at the rate of 700 a month.. a piece.. that in itself is 4200.00 a month in earnings not to mention additional product sales and walk in customers because of the new services Income: 3000 apprx. net a month Bills: Rent: 0 (live with fiance) Electric: $210 Vehicle Gas: $175 Car Ins: $155 Cell phone: $85 Food: $450 Home phone/ Internet: $75 Entertainment: $150 IRA: $50 car loan: $300 (Balance at less than $11000 car woth 22k low blue book value) Total : 1700apprx. Net income 1300. and I will make all of my payments above the minimum and always on time... THIS IS SECOND PROSPER LOAN, ORIGINAL LOAN PAYMENT NEVER MISSED, Thank you for supporting a prospering small business Rebecca |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 67843 | Money to Start a Dream.. | C | $6,000 @ 14% | Nov 28, 2006 | Withdrawn |
| 68343 | Salon Furniture And Signage Needed for newer business | C | $10,000 @ 13% | Nov 29, 2006 | Cancelled |
| 75443 | Relisting - Furniture and Signage Needed for Newer Business | C | $15,000 @ 19% | Dec 16, 2006 | Withdrawn |
| 76502 | Relist - DTI wrong - Salon furniture and Signage needed | D | $12,800 @ 24% | Dec 19, 2006 | Withdrawn |
| 76802 | Relist-was 100%funded... Need Salon Furniture and Signage | D | $12,800 @ 24% | Dec 20, 2006 | Loan created |
| 317736 | 2ND LOAN, AWESOME BORROWER NO RISK, CHECK PROSPER HISTORY!!! | D | $13,500 @ 35% | May 20, 2008 | Withdrawn |
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