Short-term loan for debt consolidation
| Listing Information | |||
|---|---|---|---|
| Amount: | $12,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 26% |
| Lender Rate: | 19% | Borrower: | Badin1234 |
| Finished | State: | NC | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-07-01 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| Jul 09, 2008 | Current |
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Purpose of loan: This short-term loan will be used to consolidated debt incurred growing our business and pay bills until I sell a rental property and pay off debt. The goal would be to repay this loan in full by the end of the year. My financial situation: I am a good candidate for this loan because I have NEVER missed a loan payment in my entire life and also have income >$100,000. This loan would provide short-term liquidity until I sell a piece of real estate and payoff much of my outstanding debt. I am a previous PROSPER customer - last PROSPER loan was repaid within 12 months. Monthly net income: $ 5214 (excluding annual incentive bonus) Monthly expenses: $ 6,917 Housing: $ 2,736 Insurance: $ Car expenses: $ 1,128 Utilities: $ 400 Food, entertainment: $ 500 Clothing, household expenses $ 100 Credit cards and other loans: $ 600 Investment Property for Sale: $ 1,453 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 267064 | Short-term loan for debt consolidation | D | $5,000 @ 20% | Jan 17, 2008 | Loan created |
| 352182 | Short-term loan for debt consolidation | A | $20,000 @ 24% | Jun 17, 2008 | Withdrawn |
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