Listing Profile Bid History Loan History
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Listing Title


Loan Information
Loan Status: Current Origination Date: 2008-06-03 Payments Made: 6 of 36 Total Payments: $3880.72 / $15000.00

Listing Summary

  

Borrower Info
Requested Amount: $15000.00
Lender Rate: 30.00%
Automatic Funding: No
Percent Funded: 100%
Monthly Payment: $645.02
 
Borrower: ddresq
Location: PA
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile
Credit Grade: C Homeowner: Yes Account Verified: Yes Debt To Income: 30%

Extended Credit Data
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Listing Description
Purpose of loan:
This loan will be used to open a Solo Practioner Law Office.  I am currently employed as a Public Defender, providing quality legal representation to indigent juvenile and adult residents of Philadlephia County.  In the five years as a Public Defender I have grown a bit weary with the quality of legal representation for people who can afford to pay private attorneys, merely insome cases to see those folks taken advantage of.  Additionally there is a total disparity between minority women attorneys in the County of Philadlephia as well as across the entire state of Pennyslvania.  …

My financial situation:
I am an excellent candidate for this loan because I have the drive, the passion, the courage, and the know how.  In my current position as a Public Service Attorney, the majority of my clients constantly inquire as to when I will be "stepping out on my own" as it is known in the legal field.  I constantly have Judges and other legal professionals telling me I would have no problem attracting clients and growing my own business.  Unfortunately since I work in the non-profit arena amassing funds on my own is not really an option.  I am also an excellent candidate for this loan because as I stand right now were I to hang out my shingles now and begin to operate as a private attorney, I would have at least 20 or 30 clients right off the bat, which in the legal profession is nothing short of a miracle. 



Monthly net income: $ 2700

Monthly expenses: $ 
  Housing: $ 300
  Insurance: $ 250
  Car expenses: $50 
  Utilities: $ 150
  Phone, cable, internet: $ 150 
  Food, entertainment: $ 100
  Clothing, household expenses $ 100 
  Credit cards and other loans: $ 150
  Other expenses: $ 75