p2p lending at lending club
Son's car
Homeownership Verified

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Listing Information
Amount: $3,000.00 Status: Loan created
Grade: AA DTI: 20%
Lender Rate: 7% Borrower: show_b
Time Left: Finished State: NC
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2007-01-30 EricsCC ROI: 5%
Status History
Jan 30, 2007 Current
This is the second loan I've taken from Prosper.  The first was for my Son's first car that was paid off early and now he wants to upgrade.  This loan will be paid entirely by my Son, I could've lent him the money myself but feel it teaches him more responsibility when it actually comes from a true institution.  For that reason this loan comes with very little risk since I'll be making sure a payment is not late and if the worst case scenario happens that he can't pay it I'll be making the payment since it's in my name. Thank you.

 

Borrower's Other Listings
17517 son's first car AA $2,500 @ 7% Jun 02, 2006 Withdrawn
17567 Son's first car AA $2,500 @ 9% Jun 03, 2006 Loan created

 

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