Don't Really Need The Money - Getting Prosper Experience
| Listing Information | |||
|---|---|---|---|
| Amount: | $2,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 25% |
| Lender Rate: | 8% | Borrower: | emjaybee |
| Finished | State: | VA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-01-05 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Jan 08, 2007 | Current |
| Jul 28, 2007 | Payoff in progress |
| Aug 02, 2007 | Paid |
|
Why am I looking to borrow? I am looking to become a lender on Prosper.com and I feel that a good way to do that is to see what the process is like for a borrower. I have enough money in my checking and savings account to cover the loan, and may elect to pay off this loan early. What will I do when I get funded? I plan on using some of this money to fund other Prosper loans to get experience as a lender. I figure small amounts to a lot of listings will diversify this money enough to ensure I can pay back my loan without going into my checking or savings account. How will I pay back my loan? My loan is set for automatic and electronic payment to guarantee on time payments. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 366240 | Paying Off High Interest Credit Card | C | $3,000 @ 20% | Jul 12, 2008 | Expired |
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