First Time "A" Prosper User

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Listing Information
Amount: $1,000.00 Status: Loan created
Grade: A DTI: 12%
Lender Rate: 8% Borrower: Stretch361
Time Left: Finished State: MI
Funded: 100% Group: WealthBuilders
Loan Information
Loan Status: Current Origination Date: 2006-04-25 EricsCC ROI: 4%
Status History
Jul 12, 2006 Current
<span id="ctrlDescription_ctrlDescription_l">Dear Friends,

This is my first time using Prosper!  I have signed up as a lender, and would like to see what the borrowing side is like.  These particular funds will be used for re-lending on Prosper.  It will also allow me to see in detail how the borrowing process works.  I currently run two businesses (Real Estate, and Online Retail www.WeStretchYourDollars.com).  It is possible with a positive experience, I will be seeking more funds later on to invest in more real estate or as inventory for the website.  I could easily repay these funds if necessary with my own income.

About me:

I worked in retail for appromixately 9 1/2 years, which includes several time periods of management and supervisory level positions.  I have created two businesses (an online retail business, and rental business).  I have been thru the school of hard knocks for many real life business situations.  This has allowed me to continue to build thriving businesses.

I also consistently invest funds in the stock market, which has also given me consistent returns.  I have terrific credit, and never make late payments or miss payments.

Thanks for considering my loan!

Chris
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