Business Acquisition
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,500.00 | Status: | Loan created |
| Grade: | D | DTI: | 0% |
| Lender Rate: | 30% | Borrower: | fan988 |
| Finished | State: | WA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Default | Origination Date: | 2010-12-17 | EricsCC ROI: | -3% |
| Status History | |
|---|---|
| Dec 17, 2010 | Current |
| May 05, 2012 | Late |
| Jun 07, 2012 | 1 month late |
| Jul 03, 2012 | 2 months late |
| Jul 19, 2012 | 3 months late |
| Aug 26, 2012 | Default |
|
Purpose of loan: This loan will be used to complete the purchase of an existing cafe with an annual income of $250k plus. My financial situation: I am a good candidate for this loan because I not only work at the local hospital but also put in 60 hours a week at the coffeeshop. Also, in the last ten years, I have not once been late on a debt/bill payment. I've worked very hard to get where I am today in life and in credit, and I will not throw it all away. Monthly net income: $ 4,600.00 Monthly expenses: $ 700.00 Housing: $ Insurance: $ Car expenses: $ Utilities: $ Phone, cable, internet: $ Food, entertainment: $ Clothing, household expenses $ Credit cards and other loans: $ Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 484663 | Business Acquisition | B | $7,500 @ 15% | Nov 16, 2010 | Withdrawn |
| 486658 | Business Acquisition | D | $7,500 @ 15% | Dec 03, 2010 | Expired |
| 513883 | Equiptment Purchases | E | $7,500 @ 31% | Jul 01, 2011 | Loan created |
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