Reinvesting in Prosper

| Listing Information | |||
|---|---|---|---|
| Amount: | $12,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 6% |
| Lender Rate: | 8% | Borrower: | aginghipster |
| Finished | State: | WA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2008-08-21 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Aug 21, 2008 | Current |
| Dec 02, 2008 | Payoff in progress |
| Dec 06, 2008 | Paid |
|
Purpose of loan: This loan will be used to reinvest in Prosper. I think this is a great idea and want to be able to loan to others while making a small amount of profit. I currently have $9000 in loans funded and plan to deposit more capital to fund loans over the next 6-12 months. I may also borrow additional fund to fund more loans as my account grows. My financial situation: I am a good candidate for this loan because I have very good credit and a good steady income. In reality, I am participating in Prosper as a lender and borrower to learn how it fianances work and becuase I think it is a great idea, not because I need the money. So hence, I am keeping the amount requested low so making the payment has little effect on our monthly budget. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 263935 | Reinvesting in Prosper | AA | $5,000 @ 8% | Jan 12, 2008 | Loan created |
| 376699 | Reinvesting in Prosper | AA | $12,000 @ 7% | Aug 01, 2008 | Expired |
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