I am starting a new semi-regular feature. Pimp my listing. I don’t yet know at what frequency I will post this feature. These listings will be the best of best extended credit AA-C credit grades and good rates. Most will be larger loans and most will have caught my attention. I will have bid at least once on all Pimp My Listings. Unless otherwise stated, I have nothing to gain by pimping the listing. With this listing I have nothing to gain by pimping the listing other than potentially being in a funded loan. I have bid $50 manually at 22% and 19%. If I have money, two standing orders will hit the listing at 30% funded. So without further ado… Here is the very first Pimp My Listing.
C Homeowner with SUPER clean extended credit… 12K @ 22% at the time of pimping.

$25 Bonus For New Lenders
How to Use Prosper Listing Widget for MySpace, Blog, Website, or Other
Purpose of loan:
Consolidate all for one payment and interest rate and to start saving again.
I am married with a family of 4 kids. 1 daughter at age of 9 yrs and have “Triplets” at age of 4.
As you can see with the sudden blessing of triplets, money and bill paying has
come very tough. I am looking for a little help, not a hand out. I have good credit
and pay my bills on time. I have spent my savings on “fertilization in vitro process”
so we could have another child. We had to go though with it twice and of course
no insurance covers any of the cost. On our 2nd try we were blessed with a bonus – Triplets.
Posted is my favorite picture of our kids. This was taken around 3 yrs ago……My financial situation:
I am a graphic designer full time and I do work on the side which brings
in extra money. I have been doing this for 15 yrs. I have been employeed
with my current job for 9 yrs now. My job trade is very stable and will always
have a job, so no worry’s of being layed off or un-employeed.Monthly bring home income: $ 3800.
Monthly expenses: $
Housing: $ 800.00
Insurance: $ 190.00
Car expenses: Auto’s paid off
Utilities: $ 200.00
Phone, internet: $ 80.00
Food, entertainment: $ 300.00
Clothing, household expenses $ 200.00
*Loan and CC payments: $ 625.00 (This for 4yr+ for payoff, and with PROSPER it will be 3yrs or less payoff)
Other expenses: $ 200.00
= Approx. $2500. to $2600.Listed below is my balance of debt that I will Consolidate:
*Capital One CC: $900. APR 18.8% – Usually pay around $50. to $100. month.
*Citi-Finacial Loan: $9400. APR 21.4% – Payment $325. month. (This amount is early payoff $ I just checked into)
*American General Loan: $1750. APR 20.98% – Payment $200. month (This amount is early payoff $ I just checked into)
(Citi-Fin. and American General put max amount on credit reports and not the exact payoff amount.)
= $12,050.00These loans were for to pay off past debt.
Also for Auto repairs and some home improvements.I am listing to borrow the amount for $12,000. @ 22% to knock out the above listed.
Also when making above payments I always pay more to pay off quickly. I will be doing
this also for Prosper loan to cut the time in HALF.THANKS and GOD-BLESS.
Related Posts -
A Worthy E Credit Loan -- Please Comment and Decide I recently had the pleasure of interacting with a borrower seeking a loan on Prosper. The borrower as E credit and 15% debt to income ratio and is a homeowner... He has 4 endorsements (3 from bidders including the group leader). However, he has an E credit grade. But I...... -
Prosper Estimated Return Guidance Pessimistic Example -- aka PML #5 -- Pay off high interest home improvement cards In my Friday post, I encouraged everyone to think for themselves when it comes to estimated return guidance. It is after all only an estimate. Today, I would like to pimp a listing I have bid on that I feel demonstrates a great return loan, but it is a fairly...... -
New Loan Funded #5989 -- $2850 in 45 loans A new loan funded this afternoon (#5989 -- PAYING OFF CREDIT CARDS AND HOME IMPROVEMENT -- $22,000 14.55%). I participated via my standing order: High DTI -- NAF. Which is this loan was funded as high debt to income ratio and was a non auto-funding loan. Here is the credit of the...... -
New Loan Funded — Too Much Business / Need to Expand — $9,500 at 20% — AA Credit — DTI 45% A new loan funded (Too Much Business / Need to Expand â $9,500 at 20%). I participated via a 2 standing orders (Low Amt Extreme DTI and Low Amt Any DTI) and a manual bid the loan was Autofunding. The borrower had AA credit and 45% DTI. As a reminder my standing orders...... -
Propser and the Greatest Economic Crises America has Ever Faced? Prosper just released it monthly survey and it included commentary from CEO Chris Larsen. What do you think, is this the "greatest economic crises America has ever faced"? (For my part there is no doubt it is in my lifetime, but I don't see this getting to the level of......
Related Websites -
Personal Finance Equations You Should Know: the Amortization Equation Amortization is probably one of the most ubiquitous financial concepts that encompasses our daily lives, but yet, few of us know what it means, how it works, much less, how the monthly payments on all our stuff is calculated. By definition, amortization is: The reduction of a debt over time...... -
Using Credit Cards the Right Way “This is not your money, it never will be.” That was my thought as I opened the envelope and pulled out my first credit card back in 1993 – just a freshman in college. I was excited because I had a new way to purchase things – it was your...... -
Sweet Prosper is Back! Being that I am in debt elimination mode I haven’t talked about my investments that much. But on February 15, 2007, I was intrigued by the idea of Prosper and have since built a very very small portfolio. As the P2P Lending market grew so did the competition and Prosper...... -
Smart ways to reduce credit card debt (This guest post is presented courtesy of Debt Consolidation Care.) Often, you take many credit cards in order to maintain a certain standard of living. But the problem arises when you can't repay of the loans. The creditors start calling you time and again. Your credit score gets reduced. Therefore,...... -
The Many Flavors of Loans Money can be lent to those in need, at a reasonable rate, from a pool of money that comes from investors and savers. When the lending institution provides money for consumers to borrow, either secured or unsecured, the practice is known as providing a consumer loan. These loans do not......
- Military Payment Paper Money: US Coins & Paper Money
- Military Payment Paper Money: US Coins & Paper Money
- Banking, Insurance Advertising Collectibles
- Credit, Charge Cards Trading Cards Collectibles
Categories:
Listing Review, Prosper.com
Tags:

0 comments ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment