Safety upgrades to swimming pool fences

| Listing Information | |||
|---|---|---|---|
| Amount: | $6,500.00 | Status: | Loan created |
| Grade: | B | DTI: | 28% |
| Lender Rate: | 14% | Borrower: | Zabala |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-07-08 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| Jul 09, 2008 | Current |
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Purpose of loan: The old Swimming Hole needs safety upgrades and new landscaping. This pool was built in 1963. Because it is at the bottom of a hillside lot, it was hand dug. The neighbors were a friendly community. There were no fences back then. Every kid in the neighborhood was free to swim at will. Things had changed when I bought the property in 1975. There were fences. Those fences have been mended many times. Requirements for swimming pool fencing are tougher now. I need to replace the old fences at a cost of $5500. Some of the original trees are incompatible with a pool area and will be replaced with more appropriate landscaping. That will simplify maintenance and save money on chemicals. Landscaping will be another $1000. My financial situation: I am a good candidate for this loan because I pay my bills? Monthly net income: $ 3400 and retirement funds as needed Monthly expenses: $ 2705 Housing: $ 1500 Insurance: $ 130 Car expenses: $50 Utilities: $ 150 Phone, cable, internet: $75 Food, entertainment: $ 100 Clothing, household expenses $ 200 Credit cards and other loans: $ 300 Other expenses: $ 200 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 166079 | House needs help | B | $5,000 @ 11% | Jul 09, 2007 | Loan created |
| 354730 | Swimming Pool Improvements | B | $12,000 @ 20% | Jun 21, 2008 | Open |
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