Invest in Prosper

| Listing Information | |||
|---|---|---|---|
| Amount: | $3,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 15% |
| Lender Rate: | 6% | Borrower: | JFG1 |
| Finished | State: | FL | |
| Funded: | 100% | Group: | Sunset Lending |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-07-08 | EricsCC ROI: | 5% |
| Status History | |
|---|---|
| Jul 09, 2008 | Current |
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Purpose of loan: Investing back in Prosper. This is a great market and my experience as a business owner makes me a solid investment. I manage my own 401K, averaged over 17% return last year. I have had extensive experience in asset management with a previous employer Textron Financial. My financial situation: I have good solid credit. I'm not a believer in uncollateralized dept nor in credit cards debt. What about my income? Expenses?: My company pays for a good portion of my expenses. Therefore, as you can see my debt to income ration is very good. There are multiple sources of income, overall household is over $70,000. Regarding expenses, there is a very small mortgage at $325. per month and utilities at about $300. per month. Things like cell phone, gasoline, etc. are paid by company. All cars, motorcycle, and other toys were paid in cash or have been paid off. The details: I am an officer with Emerald Pro Corp. I also run an Amazon store and have an eBay Trading Assistant. My wife is also employed full time. Looking at just my company salary - Monthly income: $2,200; Expenses: Mortgage: $325 Utilities: (about) $300 Auto Ins.: $109 1 open revolving credit card with about $3000. balance I'm paying about 2x minimum payment monthly: $100 1 AMex which I use for spending money and payoff every month: (about) $350. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 349750 | Invest in Prosper | AA | $3,000 @ 5% | Jun 18, 2008 | Withdrawn |
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