Not building a barn or buying a nightclub
| Listing Information |
| Amount: | $6,000.00 |
Status: | Loan created |
| Grade: | B |
DTI: | 16% |
| Lender Rate: | 10% |
Borrower: |
Business_Punk
|
| Time Left: | Finished |
State: | CA |
| Funded: | 100% |
Group: |
Small Business Network
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| Loan Information |
| Loan Status:
| Current |
Origination Date:
| 2008-10-10 |
EricsCC ROI:
| 9% |
| Status History |
| Oct 09, 2008 |
Current |
|
Thank you for reading my listing. I promise I will not build a barn or buy a nightclub with this loan. Instead, I will be consolidating 3 credit cards and buying a new drum set. My current credit cards are as follows:Bank of America: $1600 @20%Chase $800 @19% WaMu $2861 @0%My credit card debt is from college and one spur the moment Hawaii trip for New Years. The credit card bill always reminds me of Hawaii, ah memories.I know some lenders do not bid on B loans; they say it’s a transitional grade. Prosper wouldn’t let me pick my credit grade or I would have chosen AA, something about the score coming from Experian.I can pay this loan back because I have a good job and love paying things on time; it’s kinda my thing. I’m also going to purchase the PDP 805 series drum set. My current set is a pearl and with the rack mounts system I’m hoping to sell it for $600. The axis longboard double bass pedal should also go for $400. This will act as a bridge loan for new drums until I sell my current set. |
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