RELISTED/LOWER$$ - PER Y OUR REQUEST

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Listing Information
Amount: $3,000.00 Status: Loan created
Grade: HR DTI: 2%
Lender Rate: 25% Borrower: Dead-Serious
Time Left: Finished State: CA
Funded: 100% Group: FinancialAssistanceNetwork
Loan Information
Loan Status: Current Origination Date: 2006-12-08 EricsCC ROI: 19%
Status History
Dec 08, 2006 Current
Feb 23, 2007 Late
Mar 03, 2007 Current
Nov 23, 2007 Late
Dec 06, 2007 Current
Introduction:
I am a recently divorced, very successful businessman, loving father of an 11 year old son, who has just come through a tough and trying time.  Now paying for some of my past, I am going to rebuild my credit so I can purchase a home for my son and I, expand my business to make more money, to send my son to college, and help others Prosper who have unfortunately experienced what I just lived. While changing Real Estate Brokerage firms, I was served for divorce in early 2004.  After 13 years of marriage, everything I worked for was disappearing right in front of me.

I spent everything I had to make sure my son would be in a safe environment, was going to be well taken care of and I had custody of him..bad situation turned good and one which I would like not to relive.  I now have him in the best school district in our valley where he feels secure and is thriving.  He really loves his school, the neighborhood, and his friends.  I don?t want to take a chance on losing what has now taken years to accomplish.

I am requesting $5K  In return, I'm offering the highest int rate for my state so we both can Prosper.  This is a short term loan to help rebuild my credit.

The money will be used to expand my business by staying in contact with my past clients, marketing my current listings and leads, while soliciting new business and diversifying my marketing efforts in the ever changing real estate market.

Awards
Personal Website

Credit Explanation:
I tried to save my credit through the divorce which started at the end of 2003 but was unable when she continued to charge up the credit cards after I paid them off.  I finally had to quit paying on everything in order to gain any ground in the divorce.  Most items were sold and the funds were disbursed to the attorneys, which was then applied to their fees.  She filed for BK in 2005 which forced me to file in 2006.  Both BK?s were discharged by September 2006.  Everything was included in the BK but you know how credit reporting agencies are.  All negetive items have been disputed.

I have started to rebuild my credit by purchasing a 2006 Toyota Tundra in Nov. 2006 with TMC and just received an unsecured CC with First Premier.

The only reason I am a credit risk, on paper according to the credit bureaus, is due to the divorce; Please do not judge me by my credit score now, instead look at the credit prior to the marriage separation in late 2003.

Repayment:
I am a multimillion dollar producer with a proven tract record and have earned over $2 million in commissions over the past 7 plus years. I  have $55K in commission on the books which can be doubled. $20K in artwork on consignment to be sold.

Exp:
Rent: 2,200 (H2O & Trash Incl)
Auto: 713
Utilities: 80
Comm: 381
Insurance: 202 (Auto, Life, Heatlh)
Food: 575
Fuel: 400
Business: (Business fees are subtracted from each commission check)
Total: $4551

I would like to thank you in advance for pulling together and helping me get this loan funded as quickly as possible.

I also look forward to becoming a lender with Prosper!  This is a great cause!
Borrower's Other Listings
65953 Willing To Pay For A Loan Today HR $25,000 @ 29% Nov 24, 2006 Withdrawn
67194 *PER YOUR REQUEST* - RELIST / LOWER $$ HR $5,000 @ 29% Nov 27, 2006 Expired

 

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