Investment, Build Credit
| Listing Information | |||
|---|---|---|---|
| Amount: | $4,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 11% |
| Lender Rate: | 18% | Borrower: | artist787 |
| Finished | State: | WI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-10-10 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| Oct 10, 2008 | Current |
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Purpose of loan: Invest without liquidating current positions. Increase credit score. Shorting stocks, Gold/Oil hedge, USD/JPY @ 104 targeting 112 long, prosper, money market, mutual fund. My financial situation: I am an extremely frugal person whose life revolves around eliminating excess expenditures. I am not in any dire need and will pay this off the second week of January after current positions are liquidated. I simply want to take advantage of a perceived "double bottom" in some markets and to create a small hedge for protection just in case. I have a tiny amount of debt and overhead. The majority of my income is invested or re-invested. Monthly net income: $ 3918 UPS - 1760 (for dpi) ARS- 1220 (not included dpi) investments 938(based on 2007) 1142(up to Q4 2008)(not included dpi) Monthly expenses: $ Housing: $ 0 caretaker investment property,rental property, trust property Insurance: $ 0 covered by housing, ARS covers auto & transportation Car expenses: $ 0 covered by ARS Utilities: $ 54 Phone, cable, internet: $ 72 Food, entertainment: $ 62 Clothing, household expenses $ 60 Credit cards and other loans: $ 120 Other expenses: $ 400 goes into home improvements of property in trust.The rest is typically invested |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 406329 | Investment, Build Credit | C | $4,000 @ 35% | Oct 02, 2008 | Withdrawn |
| 407393 | Investment, Build Credit | C | $4,000 @ 20% | Oct 02, 2008 | Withdrawn |
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