Prosper Lender Wants short loan
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 14% |
| Lender Rate: | 12% | Borrower: | Rodneywa2002 |
| Finished | State: | WA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-19 | EricsCC ROI: | 11% |
| Status History | |
|---|---|
| Aug 19, 2008 | Current |
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Purpose of loan: This loan will be used to pay off a TSP loan (like a 401k) $7800 at 4.5% 4 years left on loan I would then wait 60 days till I can borrow from my TSP again and take out another loan for 5 years, current interest rate is 3.875% proccess fee is $50. And then pay off my Prosper loan. So I would probaly not have this loan more than 90 days. the $$$ past $7800 would go to pay some card debt that the promational 1 year no interest is about to run out. Now I know some people would prefer the loan to full term but a short term loan paid off is still a good thing.Recently funded for $25000. didn't take loan. plans changed. Decided to do a lease to own at least for a while. and I wasn't thrilled with the amount a month I would have had to pay. This loan is well within my budget. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 366596 | Down Payment on a House | A | $25,000 @ 20% | Jul 23, 2008 | Cancelled |
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