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Listing Title



Loan Information

Loan Status: Current Origination Date: 2008-04-22 Payments Made: 8 of 36 Total Payments: $1924.62 / $7000.00

Listing Summary

 

Borrower Info

Requested Amount: $7000.00
Lender Rate: 14.20%
Automatic Funding: No
Percent Funded: 100%
Monthly Payment: $239.92
 
Borrower: Successful2008
Location: FL
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile

Credit Grade: B Homeowner: No Account Verified: Yes Debt To Income: 0%

Extended Credit Data

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Listing Description

Purpose of loan:
This loan will be used to… maintain business through marketing and leads purchase until transactions close.  As a Franchise Broker, I place people in franchises, similar to executive search firms, matching backgrounds, skills, and financial picture with franchisor's.  Franchisors pay excellent commissions.

My financial situation:
I am a good candidate for this loan because… I am committed to paying bills.  Prior to a temporary setback with an illness (OK now), I had 6-figure income.   Currently I have land listed for sale which should sell this year, especially if I lower the price, allowing me to be debt free this year.
Monthly net income: $10,000 (varies - can be greater)

Monthly expenses: $ 7900
  Housing: $ 1750
  Insurance: $ 650
  Car expenses: $ 400 (gas, maintenance, insurance)
  Utilities: $ 200
  Phone, cable, internet: $ 100
  Food, entertainment: $ 500
  Clothing, household expenses $ 300
  Credit cards and other loans: $ 3500
  Other expenses: $ 500