Prosper lender paying down high-interest debt

| Listing Information | |||
|---|---|---|---|
| Amount: | $6,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 11% |
| Lender Rate: | 7% | Borrower: | jasonrmh |
| Finished | State: | OH | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-07-01 | EricsCC ROI: | 6% |
| Status History | |
|---|---|
| Jul 09, 2008 | Current |
|
Purpose of loan: I am a Prosper lender and borrower trying to pay down some high-interest credit cards. Currently I have one at over 20% that I would like to eliminate entirely. I have been a prosper lender for over a year and a borrower for over 6 months. In that time I have not missed a payment nor do I plan to. My financial situation: I am a physician in Ohio with a steady income and I take my debts very seriously. I have never failed to repay any debt and do not plan on starting with Prosper. I think this is a great site and have been lending here for almost 2 years. I have nearly 40 loans on Prosper as a lender and the income from those loans actually will hlep to cover the payments on this loan as well as my previous loan (barring, of course, a disasterous wave of defaults). Thank you for taking time to view my listing. I would be happy to answer any questions you may have. Jason |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 26025 | Prosper Lender/Physician paying down debt | AA | $4,500 @ 7% | Jul 22, 2006 | Withdrawn |
| 26034 | Lender/Physician paying down debt | AA | $4,000 @ 7% | Jul 22, 2006 | Expired |
| 114531 | Prosper Lender/Physician with Home Renovation Loan | AA | $6,000 @ 7% | Mar 22, 2007 | Expired |
| 138742 | Prosper lender paying down debt | AA | $4,000 @ 8% | May 16, 2007 | Loan created |
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