3rd Loan - Buy More Inventory - Pay Off 2nd Loan
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Expired |
| Grade: | C | DTI: | 30% |
| Lender Rate: | 17% | Borrower: | CMJsupply |
| Finished | State: | TX | |
| Funded: | 0% | Group: | (No Group) |
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Purpose of loan: I was one of the 1st $25,000 loans with an E credit grade on Prosper. I have since paid that loan off and got a 2nd loan for more inventory to sell on Ebay. My Ebay user id is cmjsupply. I have been a member of Ebay since December 19, 1999 and have a 100% Feedback score of 3124. I always put my customers first which I think you can see by my Feedback score. I will use this money to pay off my 2nd Prosper loan and again purchase more inventory. I am also a lender on Prosper and have had 4 out of 14 loans go into default. I know how frustrating it is when that happens. That feeling in itself would keep me from defaulting on this loan if my previous Prosper history is not good enough on its own. This listing is started at my State Allowed Maximum. My financial situation: I have continued not to make any additional charges and am still working to be debt free. My son had brain surgery 3 years ago in March and some of those deliquencies have now shown up on my credit score dropping me from a B to C score. I will pay these medical bills off in the future but I am focusing on getting debt free with creditors first. The financial breakdown below does not include my Ebay income, which is about $1000 a month. Monthly net income: $ 7000.00 Monthly expenses: $ Housing: $ 2200.00 Insurance: $ 165.00 Car expenses: $ 750.00 Utilities: $ 400.00 Phone, cable, internet: $ 150.00 Food, entertainment: $ 400.00 Clothing, household expenses $ 100.00 Credit cards and other loans: $ 500.00 Other expenses: $ 150.00 New Prosper Loan: $ 357.00 TOTAL: $ 5172.00 Monthly Left Over: $ 1828.00 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 24765 | Paying Off Debt & Saving $1100 a Month | E | $20,000 @ 10% | Jul 14, 2006 | Withdrawn |
| 24778 | $20,000 at 12% Saves Me $1000 A Month. Rated E but AA Pay! | E | $20,000 @ 12% | Jul 14, 2006 | Withdrawn |
| 24899 | Help Me Reduce My Debt By $700 A Month-Good Payer | E | $25,000 @ 28% | Jul 15, 2006 | Loan created |
| 146062 | Paid Off 25k Loan-5k To Pay Off Medical Bills | C | $5,000 @ 8% | Jun 02, 2007 | Withdrawn |
| 147534 | Paid Off 25k Loan-5k To Buy More Inventory | B | $5,000 @ 14% | Jun 06, 2007 | Expired |
| 151343 | Paid Off 25k Loan-5k To Buy More Inventory | B | $5,000 @ 14% | Jun 13, 2007 | Loan created |
| 253364 | 3rd Loan - Pay Taxes - I Have 4500 But Need 3500 More! | C | $3,500 @ 15% | Feb 20, 2008 | Expired |
| 285102 | 3rd Loan - Pay Taxes - I Have 4500 But Need 3500 More! | C | $3,500 @ 17% | Feb 27, 2008 | Expired |
| 288682 | 3rd Loan - Pay Taxes - I Have 4500 But Need 3500 More! | C | $3,500 @ 17% | Mar 05, 2008 | Withdrawn |
| 329339 | 3rd Loan - Buy More Inventory - Pay Off 2nd Loan | C | $15,000 @ 17% | Sep 03, 2008 | Expired |
| 406219 | Prosper Success Story-Buy More Inventory-Pay Off 2nd Loan | C | $10,000 @ 17% | Sep 30, 2008 | Withdrawn |
| 409116 | Prosper Success Story-I Pay Loans Back-No Bank Crisis Here | C | $10,000 @ 17% | Oct 06, 2008 | Expired |
| 412823 | Please Help-Need More Inventory-I Pay Loans Back | C | $9,000 @ 17% | Oct 13, 2008 | Withdrawn |
| 414379 | I'm Verified & Pay Loans Back-17% Better Than 30% Default | C | $9,000 @ 17% | Oct 16, 2008 | Cancelled |
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