Doctor Investing For Future
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,500.00 | Status: | Loan created |
| Grade: | AA | DTI: | 25% |
| Lender Rate: | 8% | Borrower: | meikaizen |
| Finished | State: | PA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-08 | EricsCC ROI: | 7% |
| Status History | |
|---|---|
| Aug 08, 2008 | Current |
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This loan will be used to?invest! I am currently a second year Internal Medicine resident at a large academic university hospital. Because I have been a student for so long, my investing opportunities have been quite limited until now. I will use this money to fund my 403b (401K equivalent) and/or my IRA account for tax advantaged investing. The purpose of this loan is simply to give me a little extra safety margin as I more aggressively ramp up my retirement savings while still working for a lesser resident salary. My financial situation: My current stipend is 47K with very modest expenses. I spend most of my time working in the hospital and live a relatively simple lifestyle. I am walking distance to work and do not have unreasonable expenses otherwise. All of my medical school loans are in deferment until I finish residency and/or fellowship and will not impact this prosper loan. My expenses: Rent: $1000 Utilities/Cell Phone/Internet: $120 Food/Entertainment: $250-300. I am a good candidate for this loan because?I am as responsible with my money as I am with other aspects of my life. I've kept a flawless record since my teen years so it would be unthinkable to risk undermining that now. My long credit history, credit grade, and low DTI ratio speak for itself. I will also start moonlighting shifts in the upcoming months (at a MUCH higher hourly rate) which will give me an even nicer income buffer. Perhaps the biggest assurance for you though is that I pretty much have 100% job security with a guaranteed exponential salary curve. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 278186 | Investing For Future | AA | $7,500 @ 5% | Feb 10, 2008 | Expired |
| 293746 | Doctor Investing For Future --State Maximum | AA | $5,000 @ 5% | Mar 15, 2008 | Expired |
| 299256 | Doctor Investing For Future --State Maximum | AA | $5,000 @ 5% | Mar 25, 2008 | Expired |
| 371832 | Doctor Investing For Future | AA | $10,000 @ 8% | Jul 22, 2008 | Expired |
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