Bridge loan to cover prosper investments, new home purchas
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 28% |
| Lender Rate: | 10% | Borrower: | loanzilla |
| Finished | State: | VA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-02-23 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Feb 23, 2007 | Current |
| Apr 14, 2007 | Payoff in progress |
| Apr 20, 2007 | Paid |
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Invest with confidence! I am an investor, husband, and father who is never late on a payment. I receive quite a bit of revenue from various investments related to my career as a computer/information systems technologist. I have many other investments in stock and mutual funds. I want to borrow at a rate lower than I invest, and "play the spread." I am seeking a loan so that I may: 1. Let you benefit from my *great* credit score (800+) and let you get an interest rate that is probably much higher than a bank account or CD. 2. See how the borrower side of prosper works. 3. Cover some investments in prosper (I have 10+ winning bids and 11 loans now as a lender). 4. Cover some moving expenses. My current residence is under contract with no contingencies, and settlement is not for more than a month. If my rate on prosper is low enough, I will keep the loan and continue to invest in prosper. Otherwise, I will pay the loan off very soon. Please let me know if you have any questions, and know that I always meet all of my financial obligations and protect my AA credit rating. Thanks for bidding! |
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