Paying off loan from parents
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|Loan Status:||Current||Origination Date:||2012-02-21||EricsCC ROI:||5%|
|Feb 18, 2012||Current|
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.