Motorcycle Restoration Project
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,500.00 | Status: | Loan created |
| Grade: | AA | DTI: | 4% |
| Lender Rate: | 11% | Borrower: | tranquil-silver |
| Finished | State: | IL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2009-10-14 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Oct 14, 2009 | Current |
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Purpose of loan: This loan will be used to purchase a new motorcycle. Motorcycling has been a lifetime passion of mine, and now that I have access to an auto shop, I am looking forward to starting a new project. I plan on purchasing a used motorcycle to repair and restore it to a like-new condition. The perfect time to buy a bike is in the fall, when most owners are looking to store or sell before the long winter season. The cold won't be bothering me, since I plan on tinkering and lovingly restoring the motorcycle in a warm and dry auto shop until spring! My financial situation: I am a good candidate for this loan because of my excellent credit history and credit score, my financial stability, and the fact that I have no outstanding loans of any sort. I pay all of my bills in full, every time. This loan amount is sized to be well within my extra annual income, and will not interfere with any necessary expenses by a large margin. Note: Listing re-posted after 2 days online to raise lender yield, not due to underfunding, if you were curious. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 424263 | Purchase of a new motorcycle | AA | $4,000 @ 12% | Sep 16, 2009 | Withdrawn |
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