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AA RATING - Borrowing to make more Prosper Loans
Homeownership Verified

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Listing Information
Amount: $12,000.00 Status: Loan created
Grade: AA DTI: 21%
Lender Rate: 9% Borrower: Loganspapa
Time Left: Finished State: NY
Funded: 100% Group: FinancialAssistanceNetwork
Loan Information
Loan Status: Current Origination Date: 2007-01-24 EricsCC ROI: 6%
Status History
Jan 24, 2007 Current
I am a retired Sales Manager and I live in Western New York State. I receive a good pension and also have 6 income properties that I own and manage. I am an avid E-bayer also and have been very succesful in selling all types of collectibles.
I have been a Prosper member for about 9 months now and have only been a lender. After getting a good feel for how Prosper works and seeing how many people benefit from the loans, I have decided to apply for this loan in order to make even more loans to members.

My DTI may be a bit overstated. My gross income from the Rentals and my pension is approx. $10,900 per month. I have only one mortgage and own all of the rest. All of my credit cards are paid off in full each month. I rarely carry any balance on them. My credit score is over 780 and as you can see, Prosper has rated me as a "AA".

I have lived in the same house for over 31 years and have resided in the same town for my entire life. I am married with 2 adult children who have provided us with two grandchildren, one of whom is pictured on this application.

I can assure all bidders that this will be an extremely low-risk decision on your part as I have never had a judgement or any other credit problem. I appreciate your consideration for this loan in order for me to help other Prosper members.
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