Non-Fractional Reserve Interest Income Opportunity

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Listing Information
Amount: $14,999.00 Status: Withdrawn
Grade: B DTI: 0%
Lender Rate: 35% Borrower: PVB1118
Time Left: Finished State: ID
Funded: 2% Group: (No Group)
Great rate: We are seeking those who want to help us out, and earn a great rate safely. We have some ethical objections with using the modern banking system due to fractional reserve banking, and thus no longer use our credit cards unless we have to (such as online purchases). We always pay our credit cards every month on time when we do use them. We always pay our bills on time, and generally automatically whenever possible.

Purpose of loan:

I do not agree with 'fractional reserve banking practices' (look it up on wikipedia for more info), and thus I must seek loans from, and wish to support institutions such as Prosper.com.

My situation:
I am a baptized Christian in good standing with my local church, and believe that I am obligated to pay debts to others first, before myself, and that it is wrong to be even late on a single payment. We look forward to providing our lenders with a secure source of 'non-fractional reserve' banking interest, for I would rather receive interest from honest families and be helping them out, rather than big impersonal banking conglomerates who receive cash at low rates from the government.
I have no outstanding loans at all. I am also married & my husband will be responsible for making sure I pay this as well. Payment will not be a problem.

Credit cards and other loans: $0
 
Borrower's Other Listings
154175 Re-Invest in prosper, invest in people A $3,820 @ 12% Jun 30, 2007 Loan created
184403 Re-Invest in prosper, invest in people AA $25,000 @ 20% Aug 09, 2007 Expired
282795 Safe Investment A $24,000 @ 35% Feb 21, 2008 Withdrawn
283561 Safe Investment A $12,000 @ 35% Feb 23, 2008 Loan created
377923 Non-Fractional Reserve Interest Income Opportunity B $9,730 @ 26% Aug 04, 2008 Loan created

 

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