p2p lending at lending club
Not building a barn or buying a nightclub

Click Here to view this listing on Prosper
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
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.

 

Discussion For This Listing

No Comments Found For This Listing

Post A Comment
You must be logged in to post comments on listings. Not yet a member? register here