p2p lending at lending club
Need a vehicle for work

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Listing Information
Amount: $3,001.00 Status: Loan created
Grade: E DTI: 9%
Lender Rate: 23% Borrower: gr8tmv
Time Left: Finished State: GA
Funded: 100% Group: Craigslisters
Loan Information
Loan Status: Current Origination Date: 2007-02-05 EricsCC ROI: 18%
Status History
Feb 03, 2007 Current
Purpose of Loan:  The reason for this loan is to purchase a vehicle to commute to and from work.  I currently take 3 buses and a train to go to work.  This alone is a 3 hr commute one way, as opposed to driving, which takes 30 minutes. My current credit situation is a result of took many credit cards straight out of high school. As I?ve learned more about how credit works, I realize my mistakes and would like the opportunity to take the necessary actions towards clearing my credit.  Unfortunately, I am not able accept a better paying job because of my transportation situation.  With a vehicle, my career options will open up and at the very least I will be able to get a part time job because I would have cut my total commuting time by 5 hours a day.

Occupation:  Service Cashier / Customer Service
Length of employment: 1 year 2 months 

Present Budget  Income:  1400 before bonus and commission 

Expenses 
Mortgage/ Rent:750
Utilities and Gas :0
Car Notes:0
Insurance:0
School Loan:70
Food:80
Household/misc:190
Total Expenses:1090  
Left Over:310  

Budget after Prosper Loan
Prosper Payments:114
Other Loan payments 0
Mortgage/ Rent:750
Utilities and Gas :0
Car Notes:0
Insurance:0
School Loan:70
Food:80
Household/misc:190
Total Expenses:1304  
Left Over:196
Borrower's Other Listings
87186 Need vehicle repairs E $3,001 @ 22% Jan 21, 2007 Withdrawn
87863 Need a car to get to work E $3,001 @ 21% Jan 23, 2007 Withdrawn

 

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