p2p lending at lending club
Almost done w/ repairs, just need to cross the finish line.
Homeownership Verified

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Listing Information
Amount: $3,000.00 Status: Loan created
Grade: E DTI: 25%
Lender Rate: 31% Borrower: sirdavid
Time Left: Finished State: AZ
Funded: 100% Group: BORROWERS - Free instant Listings - LARGEST GROUP
Loan Information
Loan Status: Current Origination Date: 2008-06-12 EricsCC ROI: 29%
Status History
Jun 12, 2008 Current
Purpose of loan:
This loan will be used to complete the repairs of my deceased parents home so I may sell, or rent it.  This project started out as a simple repair of a few small items.  Then I discovered mold, had a water pipe break, termites, rotten wood, asbestos tile and so on.  Sadly enough I believe that some of these issues are what caused the demise of my Mothers health.  I am so close to being finished with the repairs.  I can see the finish line.  The house is located in a great neighborhood close to the local University, so renting or selling the house won't be an issue.   


My financial situation:
I am a good candidate for this loan because I will do whatever it takes to make this payment.  I am a huge fan of Prosper and believe in it.  I have money in an IRA, but the penalty is outrageous for me to use that.  I would much rather work with the folks here on Prosper.  My credit is not shining and perfect, but my reputation with Prosper is spotless and I plan to keep it that way.

Monthly net income: $ 5500


Monthly expenses: $
  Housing: $ 1900
  Insurance: $ 250        
  Car expenses: $ 400
  Utilities: $ 200
  Phone, cable, internet: $ 100
  Food, entertainment: $ 50
  Clothing, household expenses $ 50
  Credit cards and other loans: $ 550
  Other expenses: $ -

Total - $4500
Borrower's Other Listings
119310 Parents recently died, need to fix up their house to sell C $3,500 @ 12% Apr 05, 2007 Loan created
281741 Parents died, fixing house to sell must consolidate bills. E $22,572 @ 25% Feb 19, 2008 Expired
285661 Consolidating debt from fixing of deceased parents house. E $10,050 @ 35% Feb 28, 2008 Expired
304682 Need Business Capital to market and be a bigger success! E $10,001 @ 35% Apr 05, 2008 Expired

 

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