Listing Profile Bid History Loan History
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Listing Title


Loan Information
Loan Status: Current Origination Date: 2008-07-29 Payments Made: 4 of 36 Total Payments: $138.22 / $1000.00

Listing Summary

  

Borrower Info
Requested Amount: $1000.00
Lender Rate: 14.00%
Automatic Funding: No
Percent Funded: 100%
Monthly Payment: $34.18
 
Borrower: MBAGrad08
Location: CT
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile
Credit Grade: D Homeowner: No Account Verified: Yes Debt To Income: 19%

Extended Credit Data
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Listing Description
Purpose of loan:
This loan will be used to… as a bridge loan to help with the initial costs of moving, including security deposit, for an apartment in Washington DC.   I recently graduated from Yale with a MBA, focusing on nonprofit management.  I'll be working for an economic development organization as the Director of Development. 

My financial situation:
I am a good candidate for this loan because… I have worked over the years at being more financially responsible.  Additionally, with my new job, I'll have sufficient income to pay this loan.

Monthly net income: $ 5,000 (My gross income is $72,000 plus an additional $11,000 from my school from the loan forgiveness program to support individuals working at a non-profit organization.)

Monthly expenses: $ 4,110 (I have a detailed budget - excel document)
  Housing: $ 1500
  Insurance: $ 0
  Car expenses: $ 0
  Utilities: $ 50
  Phone, cable, internet: $ 150
  Food, entertainment: $ 500
  Clothing, household expenses $ 100
  Credit cards and other loans: $1500
  Other expenses: $ 300