Short-term loan for eBay power seller
| Listing Information | |||
|---|---|---|---|
| Amount: | $1,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 67% |
| Lender Rate: | 8% | Borrower: | maggies_mom |
| Finished | State: | TX | |
| Funded: | 100% | Group: | Fully Vetted Loans |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2006-12-04 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Dec 02, 2006 | Current |
| Jul 03, 2007 | Payoff in progress |
| Jul 07, 2007 | Paid |
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I am an eBay power seller with over 1,000 sales and 100% positive feedback. I am seeking a short term loan to purchase inventory for the holiday season (and really just to experiment with the Prosper concept a little). I will probably repay this loan in full within 3 months or so. My credit grade would be even higher if it were not for the large balances I regularly float for my business. I purchase large amounts of inventory when prices are low and park the debt at 0% until the items are sold. It messes up my DTI, but on the other hand it?s earned me enough airline miles for 4 roundtrips in the last year. My husband, who is also the leader of this group, pays most of our monthly bills. He makes about $70K, I make about $35K between eBay and other sources of income. He?s an AA, I?m an A, obviously we take our credit seriously. We also have substantial investments and savings to cover any unexpected problems. Thank you! |
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