Learing to borrow so I can lend to others Easy return on $$$
| Listing Information | |||
|---|---|---|---|
| Amount: | $4,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 5% |
| Lender Rate: | 8% | Borrower: | Hines_Diggity |
| Finished | State: | NE | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-01-09 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Jan 10, 2007 | Current |
| Jun 10, 2008 | Payoff in progress |
| Jun 12, 2008 | Paid |
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My name is Chris and I currently am working and living on an island in the Pacific Ocean. I came to Prosper so that I may help people get loans. However, I feel that I should experience both sides of the lending and borrowing so I am making this listing so that I may check out the borrowing side. All of the money from this listing will be turned right back into ledning it out to other people that needs loans and hopefully I can make a little money for myself by bidding on higher interest rate loans. Currently, my monthly income before taxes is $2,840. I am employed as a civilian contractor through the US Army. By being employed by them, my dorm room that I live in down here on Kwajalein Island is payed for in full. They also pay for my utilities and food. The only bill I have is a phone/internet bill which runs me $85/month. I also spend about $100 in entertainment for the month. This leaves me with well over $2,500 a month with which to pay back this loan. I plan on having this payed back within 1 year as there will be nothing holding me back from making significant payments every month. This is a very safe listing for you to bid on if you are looking for a nice return rate of over 10% with hardly any risk what so ever. Seems like a no-brainer to me. Thanks for taking the time to look at my listing and hopefully you can help me experience the borrowing side of this by bidding on my listing. -Chris |
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