Payoff higher rate capital loan

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Listing Information
Amount: $6,100.00 Status: Loan created
Grade: B DTI: 12%
Lender Rate: 12% Borrower: richdad67
Time Left: Finished State: MD
Funded: 100% Group: WealthBuilders
Loan Information
Loan Status: 4+ months late Origination Date: 2006-04-11 EricsCC ROI: -45%
Status History
Jul 12, 2006 Current
Nov 26, 2007 Late
Dec 13, 2007 1 month late
Jan 12, 2008 2 months late
Feb 12, 2008 3 months late
Mar 12, 2008 4+ months late
Looking to refinance a portion of a higher rate loan from a traditional finance company. 

The introduction of Prosper.com offers me a nice option to do this without high closing costs and improve the cash flow surrounding my investment capital.

I'm a 39 year old business owner who also rents property.  Responsible, married with children.  Suburban stereotypes.

Thank you for joining me in growing our personal fortunes.


(ADDENDUM: This is a relisting of an earlier loan request that was not fully funded.  I have reduced the amount to a level below what the bids had covered and expect that this one will be funded.  My apologies to those who had funds tied up in bidding on the previous listing and I hope you will bid again.  I have kept the listing duration short to minimize the inconvenience.)
Borrower's Other Listings
4111 Refinance a higher rate loan B $10,000 @ 12% Mar 29, 2006 Withdrawn
4152 Payoff higher rate loan B $10,000 @ 12% Mar 29, 2006 Expired
4785 Payoff higher rate capital loan B $10,000 @ 15% Apr 03, 2006 Expired

 

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