Learning the ropes

| Listing Information | |||
|---|---|---|---|
| Amount: | $1,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 24% |
| Lender Rate: | 7% | Borrower: | sungbaek |
| Finished | State: | IL | |
| Funded: | 100% | Group: | GROUP CLOSED |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2006-12-28 | EricsCC ROI: | 7% |
| Status History | |
|---|---|
| Dec 28, 2006 | Current |
| Mar 15, 2007 | Payoff in progress |
| Mar 20, 2007 | Paid |
|
Hi and thanks in advance for reading my post. I'm new to prosper and primarily want to be a lender. I wanted to take a small loan out to see what the process is like and will pay the loan back in a very short time. I'm thinking a three months time frame will be fair. I set the rate at a high rate to reward the people bidding on a short term loan such as this. Thanks and good luck bidding. sb |
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