Paying off loan from parents
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 12% |
| Lender Rate: | 6% | Borrower: | marketplace-capo |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2012-02-21 | EricsCC ROI: | 5% |
| Status History | |
|---|---|
| Feb 18, 2012 | Current |
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Purpose of loan: This loan will be used to offset a burden on my parents. They lent me some money and I'm looking to close the books on that loan since they could use the money and I can withstand the debt. My financial situation: I am a good candidate for this loan because I'm currently repaying my parents $500 a month but would rather close out this personal loan with them. I have excellent credit; Prosper tells me that I have an 869 credit score from Experian. I take pride in never being late for payments. I have a net worth of ~$100k and almost 40% of that is liquid assets, but would rather take this loan and pay it over time. |
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