p2p lending at lending club
Son off to college
Homeownership Verified

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Listing Information
Amount: $6,000.00 Status: Loan created
Grade: C DTI: 8%
Lender Rate: 35% Borrower: Toteach
Time Left: 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
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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