Loan to reinvest in Prosper
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 3% |
| Lender Rate: | 9% | Borrower: | jmzbentley99 |
| Finished | State: | CT | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-07-24 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Jul 23, 2008 | Current |
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Purpose of loan: This loan will be used to reinvest in prosper borrowers with solid histories, but whose ratings may not reflect their true credit worthiness for various reasons. I'd like to enhance my portfolio with extra principal. Additionally, my credit grade is an A which I'd like to increase to AA by opening and paying off this line of credit. My financial situation: I am a good candidate for this loan because I'm an excellent money manager - never missed a payment. I'm a CPA and work in the big four and am very reliable with debt repayment. I typically save about $2k per month, including the monthly addition to my Prosper lending account. I'd like to use this loan to leverage my investment on the website a bit. I have saved enough to pay the debt off in full. Monthly take-home: $3200 Rent/Utilities: 800 Car (Gas only): 200 Groceries & Other: 200 |
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