Reinvest in Prosper
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 39% |
| Lender Rate: | 12% | Borrower: | damesbond |
| Finished | State: | CA | |
| Funded: | 100% | Group: | Socorro Capital Partners |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-06-19 | EricsCC ROI: | 11% |
| Status History | |
|---|---|
| Jun 19, 2008 | Current |
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Purpose of loan: Is to borrow at a low interest rate and reinvest back into prosper at a higher interest rate I allready have over $22,000 in prosper loans earning me an average of 19% return My financial situation: Income I have a full time job making over $6,000 a month I have a business making $2,000 a month prosper loans paying back over $800 a month total income $8,800 a month Bills Mortgage $2,100 a month Living expenses $1,000 a month Insurances $300 a month total bills $3,400 extra left over $5,400 I have 6 months of income saved in personal bank account for any emergency's as well as have over $50,000 in mutal so I will have no problem making the payments on this loan The DQs are from 7 years ago, I was young and didnt know how how to use credit. The past 5 years I have used credit to build wealth. Inquires are from when I bought my condo a year ago, I used lending tree which i did not know gave permission to all lenders to run my credit. My Debt to Income ratio is mostly from my business, unless you are a fortune 500 company lenders require a personal gurantee, Supplement and Vitamin Business and Network Engineer are my Income sources |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 344986 | Reinvest in Prosper | AA | $25,000 @ 17% | Jun 05, 2008 | Withdrawn |
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