Trying this out before I start Lending.

| Listing Information | |||
|---|---|---|---|
| Amount: | $2,500.00 | Status: | Loan created |
| Grade: | AA | DTI: | 22% |
| Lender Rate: | 8% | Borrower: | rademan |
| Finished | State: | TX | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-01-17 | EricsCC ROI: | 7% |
| Status History | |
|---|---|
| Jan 14, 2007 | Current |
| May 09, 2007 | Payoff in progress |
| May 16, 2007 | Paid |
|
Hello, The picture is the closest to what I really look like :) I'm signed up to loan money but wanted to see how both sides worked. Like Ebay, most people buy before the start selling. I asked for $2500 because the loan fee is the same for $1000 or $2500. Be forwarned, I will make 2 payments to see how this works and all its flaws. Then I will pay the loan back either in full or upto $1500. If my lending looks promising, I might wait on the last $1000 and loan it out. I'm also interested in how the interest rate plays out over 7 days. I'll let my credit score/dti/report speak for my finances. Thanks for looking. |
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