Investment Vehicle
| Listing Information | |||
|---|---|---|---|
| Amount: | $2,550.00 | Status: | Loan created |
| Grade: | A | DTI: | 30% |
| Lender Rate: | 11% | Borrower: | MCHUSMA |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2006-11-01 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Dec 05, 2006 | Current |
| Mar 14, 2007 | Payoff in progress |
| Mar 17, 2007 | Paid |
|
I am a military officer looking for investment alternatives
other than stocks and bonds. I will use this loan as a test of the prosper borrowing system, and to loan out to other prospect members. I have a larger than average debt to income, because I currently have a $30,000 loan at 1% interest that I have invested in stocks and bonds. Not wanting to ruin my credit rating, I would certainly pay off this loan before keeping it in the market. I own a car, so have no payment on that. I have few expenses (not much to buy when training in the field), which makes my investing income larger than it appears. For those that do not know the military system, if a debt collector called the army and told them I was default, I would be in a world of hurt. You can be guaranteed that my commander would force me to pay these debts, so there is NO RISK OF DEFAULT. I'm excited to borrow from everyone. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 51165 | Potential Investment Vehicle | A | $2,550 @ 12% | Oct 20, 2006 | Withdrawn |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|