Son off to college

| Listing Information | |||
|---|---|---|---|
| Amount: | $6,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 8% |
| Lender Rate: | 35% | Borrower: | Toteach |
| Finished | State: | IL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-07-15 | EricsCC ROI: | 33% |
| Status History | |
|---|---|
| Jul 15, 2008 | Current |
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Purpose of loan:Eight years ago my husband was transfered out of town. At the time, uprooting the family and leaving an elderly mother behind was impossible. For three years I balanced this household and family alone. The added expense of extra housing and travel to visit each other almost every weekend left us no other choice but to use funds from college savings to pay the bills. My husband has found employment back home and we are moving ahead again. This will be our second loan with Prosper. The first was paid off early and we were so thankful for your help. This loan is once again needed for my son's added expenses and remaining fees for the 2008-2009 school year. My financial situation: I have had more than 23 years of teaching experience. A background in education provides many opportunities within the community to gain employment. At present I am a tenured teacher in good health, often tutoring in my off hours. I have also been recognized as a Golden Apple nominee, a DisneyHand Teacher nominee and was given a certificate of appreciation by the village chamber of commerce and rotary club for my work with the children. I enjoy what I do and will continue to do so as long as I am able. Monthly net income: $ 48,000 plus Monthly expenses: $ My husband is responsible for the house, utilities and car Housing: $ Insurance: $ 425 Car expenses: $ 300 gas Utilities: $ Phone, cable, internet: $ 350 Food, entertainment: $600 Clothing, household expenses $200 Credit cards and other loans: $ 75 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 187379 | Son off to college | B | $5,000 @ 16% | Aug 14, 2007 | Loan created |
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