p2p lending at lending club
Lender Will Pay You or Bank - 17%DTI
Homeownership Verified

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Listing Information
Amount: $12,300.00 Status: Withdrawn
Grade: AA DTI: 0%
Lender Rate: 10% Borrower: frugal12
Time Left: Finished State: AZ
Funded: 1% Group: Christian Investors
Purpose of loan:  Latest "estimate" is up to $7,300
3 year loan to pay for 30 year architectural shingles and wood trim.
Wife prefers Prosper over our local real estate right now and risk.
Look only once; bid on SOLID LENDER and not get out-bid.

A COMPARISON OF RENTAL TO PROSPER
                         RENTAL                                    PROSPER
Closing costs    $17,000                                      $17,000
Mortgage            $800 ($110,000 price)                    zero
maintenance        $100                                            zero
income                $1000                                        $700 +
net income        $100 or loss of -$900                    about $700

My financial situation:
Have $17,500.00 + invested in Prosper already as easy collateral.
Over 100 loans for Prosper income around $750.00 + / month
A 'balanced' portfolio and besides, 'WE' PAY YOU!!!

FYI: Public Record is from 9.9 years ago
Divorce involved and she worked at law firm
Yes it was my fault for marrying her

Monthly Income 2008:  Average $4,000.00
Not at my potential yet and should do better with and for others
Business expenses $1,500 and household about $1,000 or less

Home $1,182 @ 6.447 fixed; we always pay early.
2 PAID-FOR minivans in good and better condition.
add a few hundred for maintenance and "Ouch" fuel.

Auto and home insurance we pay when we get the bill.
We set up almost ALL our monthly bills on Auto-pay.
The card we use regularly we PAY OFF monthly.

We have one credit card @ 1.9% for life of loan with
present balance $2,519 we auto pay every month.
Wife has better credit score and rating than I do

BID NOW FOR YOU CAN EXPECT 100% PLUS BACK
This loan is OK with my wife and will be long term
Your funds are appreciated and will be returned with interest.
Borrower's Other Listings
276911 Foreclosure Investment AA $24,000 @ 16% Feb 07, 2008 Withdrawn
279596 Share the Real Estate - AA credit AA $25,000 @ 25% Feb 14, 2008 Loan created
316438 Very Safe!!! Present LENDER expanding portfolio. AA $24,000 @ 12% Apr 26, 2008 Expired
324797 ON VACATION! You Help Us Decide AA $24,000 @ 7% May 05, 2008 Withdrawn
335005 Very Safe! LENDER with Prosper AA $8,888 @ 9% May 20, 2008 Expired
359173 No DQ's! Vested interest! No Risk! Why lend? AA $9,990 @ 10% Jul 11, 2008 Withdrawn
371321 Zero DQ's! 27% DTI, 110% Vested = No Risk!!! Why not? AA $25,000 @ 17% Oct 15, 2008 Cancelled

 

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