UPDATE!! Our first listing was horrible, trying again
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 46% |
| Lender Rate: | 16% | Borrower: | adworld |
| Finished | State: | ME | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2008-07-15 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Jul 13, 2008 | Current |
| Jul 24, 2008 | Payoff in progress |
| Jul 30, 2008 | Paid |
|
So apparently you cant list your spouses income on a listing in the "income" box, odd that my wife pays 1/2 of all the bills, but yet I dont get to claim her income and i get to have ALL the debt... So per Prosper rules I have pulled my other listing and they have just my income in "income" box, which of course gives me a great DTI... So we are relisting, nothing has changed except what you see in the "income" box, per Prosper, not our checking account... Thank you for all the support on our previous listing!!!!!! Purpose: My wife and I are co-owners of a small pellet mill business we are opening in Maine and are in need of a few pieces of equipment, specifically a pellet mill and barrel dryer.. We have the majority of what we need just not the actual pellet mill/dryer itself.. What we do have is a hammermill, cooler, Case loader, hopper, etc Financial: We are good candidates for this loan because.. We are purchasing tangible assets with the money, and not using it for payroll or debt... We have never been late on any payments and very responsible with credit and use it sparingly... We try not to charge anything if possible, but sometime life happens? We purchased our first house at the ages of 19 and 22 as we felt paying rent was a waste, now 27 and 30 felt that was probably one of the best decision we made. Breakdown of our personal finances? We realize it a lot of the decision is the numbers :) Combine Income $6500/mo (we are co owners so find it necessary to provide both our incomes) Combine Expenses Monthly- House $2175 Electricity $85 Cars $295 Gas $20,000 (that?s what it feels like) but really around $450 Cell/Phone/Cbl $200 Food $250 Credit Cards $50 Insurance $100 Fun $200 Stuff I forgot $150 Total = $3955 Our personal income minus our expenses leaves us around $2500/mo to pay this loan back
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