Short-Term Investing
Homeownership Verified

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Listing Information
Amount: $10,000.00 Status: Loan created
Grade: E DTI: 30%
Lender Rate: 29% Borrower: Accountant_78
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Default Origination Date: 2006-11-20 EricsCC ROI: -42%
Status History
Dec 05, 2006 Current
May 05, 2007 Late
May 18, 2007 Current
Jul 05, 2007 Late
Jul 21, 2007 1 month late
Aug 21, 2007 2 months late
Aug 28, 2007 Late
Aug 29, 2007 1 month late
Sep 01, 2007 2 months late
Sep 11, 2007 1 month late
Sep 21, 2007 2 months late
Oct 09, 2007 1 month late
Oct 11, 2007 2 months late
Oct 21, 2007 3 months late
Nov 23, 2007 4+ months late
Feb 18, 2008 Default
Mar 06, 2008 Repurchased
Jun 10, 2008 Default
This loan will primarily be invested in my e-trade account for several short-term stock transactions. As a fully employed accountant who also owns a small income producing tax and accounting business and military disability pay, I have a positive cash flow of $1800 a month that I would be able to use to pay this loan if my investment does not work out, although I am a degreed accountant who has extensive investment knowledge. Bottom line is I wouldn't take such a high interest loan unless I anticipated a positive NPV. Although my credit rating is low, please notice that I have not had any late payments in over 3 years as well as no lates ever on my mortgage or car notes. Thank you for your time and consideration in funding this loan.   
Borrower's Other Listings
61984 Short-Term Stcok Trading E $10,000 @ 29% Nov 14, 2006 Withdrawn
61985 Short-Term Stock Trading E $12,000 @ 29% Nov 14, 2006 Withdrawn

 

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