Listing Profile Bid History Loan History

Listing Title


Loan Information
Loan Status: Current Origination Date: 2008-06-24 Payments Made: 6 of 36 Total Payments: $1953.48 / $9500.00

Listing Summary

  

Borrower Info
Requested Amount: $9500.00
Lender Rate: 14.00%
Automatic Funding: No
Percent Funded: 100%
Monthly Payment: $324.69
 
Borrower: gkud
Location: WI
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile
Credit Grade: AA Homeowner: No Account Verified: Yes Debt To Income: 97%

Extended Credit Data
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Listing Description
Relisted again. I lowered the amount and raised the interest. Thanks to all that bid previously.


Relisting for a more reasonable amount so that I can make the payments if they fall behind...Also made some small adjustments to my personal income and expenses...


Purpose of loan:
This loan will be used to help my son and daughter-in-law rectify their credit card mistakes and regain their credit. They have already successfully paid back a large previous loan for thier wedding that I helped them get and assure me that this one will be paid back early too. I trust that it will get paid off early or I would not be putting my credit on the line, even for kids.
 
My financial situation:
I am retired military. I work part-time as a school bus driver substitute and part-time at the golf course bar tending.
 
Monthly net income: $2500 - $3,000
Monthly expenses: $1920
Housing: $800 RV 
Insurance: $120   
Car expenses: $150 Gas for Truck..  
Utilities: $150 - space
Phone, cable, internet: $100  
Food, entertainment: $300 
Clothing, household expenses $100
Credit Cards $200 

My Son And Daughter-In-Law’s net monthly income and financial situation:
They both work full time with a combined net monthly income of $7600 .They have both have 401k’s totaling $8000+, separate Roth IRA’s for $7100+ and $6300+, a managed retirement account  for  $5800+, and Prosper Lending for $1500+  but are over their head in credit card bills from mismanagement and being in between jobs for 6 months about a year ago. You can check some screenshots at thier website address for proof of these accounts
www.nathananddiane.com/screenshots.html

Monthly net income: $7600.00

Monthly expenses: $ 4150.00  
Housing: $1050.00  
Insurance: $80.00  
Car expenses: $120.00 - gas only no car payments.  
Utilities: $150.00  
Phone, cable, internet: $150.00   
Food, entertainment: $500.00  
Clothing, household expenses $100.00   
Credit cards and other loans: $2,000 
Other expenses: $0