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Listing Title



Loan Information

Loan Status: Late Origination Date: 2006-08-17 Payments Made: 27 of 36 Total Payments: $3357.57 / $3000.00

Listing Summary

 

Borrower Info

Requested Amount: $3000.00
Lender Rate: 28.00%
Automatic Funding: Yes
Percent Funded: 100%
Monthly Payment: $124.09
 
Borrower: baseballguy
Location: MO
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile

Credit Grade: E Homeowner: Yes Account Verified: Yes Debt To Income: 8%

Extended Credit Data

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Listing Description

My wife and I just recently purchased a tanning salon. She quit the legal field after 19 years to run the salon. We purchased the salon during the slow season and we have many upgrades and repairs that need to be done to the equipment. It is an upscale tanning spa. We need a loan in order to make the appropriate repairs. We have a wonderful family and the reason for buying the salon was so my wife could make better hours to spend with our children. Our salon also gives back to our community in so many ways. We make donations to the three local schools for their libraries, and we are advocates for FOPAWS, a local animal shelter who fosters animals until they have homes. We truly believe that we will prosper if we give back to our community. We are in the slow season for tanning, and we have to keep our reserve to insure our employees are paid. This loan is crucial for our business. We have documentation to prove the success of this business if needed.

Thank you for your consideration.