p2p lending at lending club
Purchase of a Used Car for Niece

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Listing Information
Amount: $8,000.00 Status: Cancelled
Grade: AA DTI: 5%
Lender Rate: 12% Borrower: repayperson
Time Left: Finished State: CA
Funded: 100% Group: 435 Supporting Lenders - Get FUNDED @ LOWER % than ANY group
Purpose of loan:
To pay for a used car that will be given to my niece so that she may continue with her studies as a full-time nursing student.  My 25 year old niece is in need of a car so that she commute to college and to her part-time job in a nearby hospital. Her mother (my sister) passed away five years ago and her father abandoned her years ago.  I feel that I need to support her in her quest to finish college.  Recently, her car was totaled in an accident that wasn't her fault.  The car's value was approximately $1000.
My financial situation:
I am a good candidate for this loan because I have paid off my initial Prosper loan faithfully and on-time. My salary has increased to approximately $118,500.  I have AA credit according to Posper,
Borrower's Other Listings
24547 Professional Growth Investment AA $6,500 @ 11% Jul 13, 2006 Loan created
402607 Purchase of a Used Car for Niece AA $10,000 @ 11% Sep 23, 2008 Expired

 

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