p2p lending at lending club
Farm Investment
Homeownership Verified

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Listing Information
Amount: $5,000.00 Status: Loan created
Grade: B DTI: 16%
Lender Rate: 18% Borrower: eloop
Time Left: Finished State: MS
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-07-10 EricsCC ROI: 16%
Status History
Jul 10, 2008 Current
Purpose of loan:
This will be my second prosper loan.  Once again, I will use these funds for continued management and improvement of a small farm.

My financial situation:
I have a wonderful career.  I make a good living and do not over extend myself financially.  I work in the financial industry and understand the importance of keeping payments currrent. I also have 36 prosper loans in my prosper portfolio.  I am big believer in social lending.  I paid my first prosper loan in a timely manner, and due to some other investments I was able to pay off my first loan early. This loan is a safe investment as I have enough funds in the stock market to cover the amount of this loan.  I choose not to touch my funds in the market as they will hopefully earn a return equal to or greater than the interest I will pay on this loan.

Monthly net income: $9,000

Monthly expenses: $
  Housing: $ 1300
  Insurance: $ 140
  Car expenses: $ 350
  Utilities: $ 200
  Phone, cable, internet: $ 120
  Food, entertainment: $
  Clothing, household expenses $
  Credit cards and other loans: $ 400
  Other expenses: $
Borrower's Other Listings
212112 Farm Investment B $4,000 @ 13% Oct 07, 2007 Loan created
352353 Farm Investment B $20,000 @ 17% Jun 17, 2008 Withdrawn
355362 Farm Investment B $10,000 @ 18% Jun 22, 2008 Withdrawn

 

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