Listing Report:Supplement No. 16 dated Jan 01, 2011 to Prospectus dated Dec 20, 2010File pursuant to Rule 424(b)(3)
Registration Statement No. 333-147019
Prosper Marketplace, Inc.
Borrower Payment Dependent Notes
This Listing Report supplements the prospectus dated Dec 20, 2010 and provides information about each loan request (referred to as a "listing") and series of Borrower Payment Dependent Notes (the "Notes") we are currently offering. Prospective investors should read this Listing Report supplement together with the prospectus dated Dec 20, 2010 to understand the terms and conditions of the Notes and how they are offered, as well as the risks of investing in Notes.
The following series of Notes are currently being offered:
Borrower Payment Dependent Notes Series
489493
The following information pertains to the borrower loan being requested, that corresponds to the series of Notes to be issued upon the funding of the borrower loan, in the event the listing receives commitments to purchase Notes in an amount that equals or exceeds the minimum amount required for the loan to fund.
Amount:
| $4,500.00 |
Prosper Rating:
| E |
Listing Duration:
| 14 days
|
Minimum Amount to Fund:
| $3,150 |
Estimated loss*:
| 14.20% | | |
Term:
| 36 months | | | | |
|
Lender yield:
| 31.20% |
Borrower rate/APR:
| 32.20% / 35.86% |
Monthly payment:
| $196.49 |
|
Lender servicing fee:
| 1.00% |
Effective Yield*:
| 29.77% | | |
| |
Estimated return*:
| 15.57% | | |
* Estimated loss is the estimated principal loss on charge-offs. Effective yield is equal to the borrower interest rate: (i) minus the servicing fee rate, (ii) minus estimated uncollected interest on charge-offs, (iii) plus estimated collected late fees. Effective yield, Estimated loss and Estimated return are intended to represent the estimated average effective yield, loss and return, respectively, on a basket of loans with the same characteristics as this listing. All estimates are based on the historical performance of Prosper loans for borrowers with similar characteristics. The calculations of Effective yield, Estimated loss and Estimated return require significant assumptions about the repayment of loans, and lenders should make their own judgments with respect to the accuracy of these assumptions. Actual performance may differ from estimated performance.
Borrower's Credit Profile
Prosper score (1-10):
| 6 |
First credit line:
| Sep-1989 |
Debt/Income ratio:
| 21% |
Credit score:
| 680-699 (Dec-2010) |
Inquiries last 6m:
| 2 | Employment status: | Employed |
Now delinquent:
| 0 |
Current / open credit lines:
| 14
/
13 | Length of status: | 3y 4m |
Amount delinquent:
| $0 |
Total credit lines:
| 48 |
Occupation: | Computer Programmer |
Public records last 12m / 10y:
| 0/ 0 |
Revolving credit balance:
| $20,181 | Stated income: | $50,000-$74,999 |
Delinquencies in last 7y:
| 0 |
Bankcard utilization:
| 57% | | |
| |
Homeownership:
| Yes | | |
Screen name:
| responsive-responsibility7 |
Borrower's state:
| Maryland |
Borrower's group:
| N/A |
Credit and homeownership information was obtained from borrower's credit report and displayed without having been verified.
Employment and income was provided by borrower and displayed without having been verified.
Description
debt consolidation
Purpose of loan:
This loan will be used to?
My financial situation:
I am a good candidate for this loan because?
Monthly net income: $
Monthly expenses: $
??Housing: $
??Insurance: $
??Car expenses: $
??Utilities: $
??Phone, cable, internet: $
??Food, entertainment: $
??Clothing, household expenses $
??Credit cards and other loans: $
??Other expenses: $
Information in the Description is not verified.
Borrower Payment Dependent Notes Series
489561
The following information pertains to the borrower loan being requested, that corresponds to the series of Notes to be issued upon the funding of the borrower loan, in the event the listing receives commitments to purchase Notes in an amount that equals or exceeds the minimum amount required for the loan to fund.
Amount:
| $24,400.00 |
Prosper Rating:
| AA |
Listing Duration:
| 14 days
|
Minimum Amount to Fund:
| $24,400 |
Estimated loss*:
| 1.55% | | |
Term:
| 60 months | | | | |
|
Lender yield:
| 10.00% |
Borrower rate/APR:
| 11.00% / 11.22% |
Monthly payment:
| $530.52 |
|
Lender servicing fee:
| 1.00% |
Effective Yield*:
| 9.99% | | |
| |
Estimated return*:
| 8.44% | | |
* Estimated loss is the estimated principal loss on charge-offs. Effective yield is equal to the borrower interest rate: (i) minus the servicing fee rate, (ii) minus estimated uncollected interest on charge-offs, (iii) plus estimated collected late fees. Effective yield, Estimated loss and Estimated return are intended to represent the estimated average effective yield, loss and return, respectively, on a basket of loans with the same characteristics as this listing. All estimates are based on the historical performance of Prosper loans for borrowers with similar characteristics. The calculations of Effective yield, Estimated loss and Estimated return require significant assumptions about the repayment of loans, and lenders should make their own judgments with respect to the accuracy of these assumptions. Actual performance may differ from estimated performance.
Borrower's Credit Profile
Prosper score (1-10):
| 10 |
First credit line:
| Apr-1982 |
Debt/Income ratio:
| 10% |
Credit score:
| 720-739 (Jan-2011) |
Inquiries last 6m:
| 0 | Employment status: | Employed |
Now delinquent:
| 0 |
Current / open credit lines:
| 13
/
12 | Length of status: | 4y 5m |
Amount delinquent:
| $0 |
Total credit lines:
| 38 |
Occupation: | Scientist |
Public records last 12m / 10y:
| 0/ 0 |
Revolving credit balance:
| $30,204 | Stated income: | $100,000+ |
Delinquencies in last 7y:
| 0 |
Bankcard utilization:
| 53% | | |
| |
Homeownership:
| Yes | | |
Screen name:
| deal-bumblebee |
Borrower's state:
| Texas |
Borrower's group:
| N/A |
Credit and homeownership information was obtained from borrower's credit report and displayed without having been verified.
Employment and income was provided by borrower and displayed without having been verified.
Description
Consolidate credit cards
Purpose of loan:
The purpose of this loan request is to consolidate my credit card debt with a defined payment?timeline and a somewhat lower monthly payment schedule.?
I am well employed in the clinical research field and have income that is adequate to manage this request.? My hope in fact will be to repay the obligation in a somewhat shorter time frame than five years.
My financial situation:
My financial situation (income) is good.? My employment is stable and my employer is a leader in the the industry.? I have every expectation to finish my career with this employer assuming continued satisfactory work on my part.? The market for the services I provide is long standing and is expected to continue to grow as the general population ages.
Information in the Description is not verified.
Borrower Payment Dependent Notes Series
489565
The following information pertains to the borrower loan being requested, that corresponds to the series of Notes to be issued upon the funding of the borrower loan, in the event the listing receives commitments to purchase Notes in an amount that equals or exceeds the minimum amount required for the loan to fund.
Amount:
| $9,500.00 |
Prosper Rating:
| A |
Listing Duration:
| 14 days
|
Minimum Amount to Fund:
| $6,650 |
Estimated loss*:
| 3.50% | | |
Term:
| 36 months | | | | |
|
Lender yield:
| 9.95% |
Borrower rate/APR:
| 10.95% / 13.07% |
Monthly payment:
| $310.79 |
|
Lender servicing fee:
| 1.00% |
Effective Yield*:
| 9.92% | | |
| |
Estimated return*:
| 6.42% | | |
* Estimated loss is the estimated principal loss on charge-offs. Effective yield is equal to the borrower interest rate: (i) minus the servicing fee rate, (ii) minus estimated uncollected interest on charge-offs, (iii) plus estimated collected late fees. Effective yield, Estimated loss and Estimated return are intended to represent the estimated average effective yield, loss and return, respectively, on a basket of loans with the same characteristics as this listing. All estimates are based on the historical performance of Prosper loans for borrowers with similar characteristics. The calculations of Effective yield, Estimated loss and Estimated return require significant assumptions about the repayment of loans, and lenders should make their own judgments with respect to the accuracy of these assumptions. Actual performance may differ from estimated performance.
Borrower's Credit Profile
Prosper score (1-10):
| 9 |
First credit line:
| Jul-1991 |
Debt/Income ratio:
| 12% |
Credit score:
| 780-799 (Dec-2010) |
Inquiries last 6m:
| 0 | Employment status: | Employed |
Now delinquent:
| 1 |
Current / open credit lines:
| 6
/
5 | Length of status: | 5y 3m |
Amount delinquent:
| $0 |
Total credit lines:
| 21 |
Occupation: | Other |
Public records last 12m / 10y:
| 0/ 0 |
Revolving credit balance:
| $533 | Stated income: | $25,000-$49,999 |
Delinquencies in last 7y:
| 0 |
Bankcard utilization:
| 5% | | |
| |
Homeownership:
| Yes | | |
Screen name:
| global1adventurer |
Borrower's state:
| Minnesota |
Borrower's group:
| N/A |
Credit and homeownership information was obtained from borrower's credit report and displayed without having been verified.
Employment and income was provided by borrower and displayed without having been verified.
Description
Re-investment in Prosper Loans
Purpose of loan:
This loan will be used to?
Investment in Propsper Loans
My financial situation:
I am a good candidate for this loan because?
I have an excellent credit history.? The delinquency?listed I believe was from an unpaid cell phone contract from 5 years ago?that went to collections.? I simply forgot abount the contract and the contract has now been paid in full
Information in the Description is not verified.
Borrower Payment Dependent Notes Series
489571
The following information pertains to the borrower loan being requested, that corresponds to the series of Notes to be issued upon the funding of the borrower loan, in the event the listing receives commitments to purchase Notes in an amount that equals or exceeds the minimum amount required for the loan to fund.
Amount:
| $7,500.00 |
Prosper Rating:
| D |
Listing Duration:
| 14 days
|
Minimum Amount to Fund:
| $5,250 |
Estimated loss*:
| 10.80% | | |
Term:
| 36 months | | | | |
|
Lender yield:
| 28.50% |
Borrower rate/APR:
| 29.50% / 33.10% |
Monthly payment:
| $316.34 |
|
Lender servicing fee:
| 1.00% |
Effective Yield*:
| 27.78% | | |
| |
Estimated return*:
| 16.98% | | |
* Estimated loss is the estimated principal loss on charge-offs. Effective yield is equal to the borrower interest rate: (i) minus the servicing fee rate, (ii) minus estimated uncollected interest on charge-offs, (iii) plus estimated collected late fees. Effective yield, Estimated loss and Estimated return are intended to represent the estimated average effective yield, loss and return, respectively, on a basket of loans with the same characteristics as this listing. All estimates are based on the historical performance of Prosper loans for borrowers with similar characteristics. The calculations of Effective yield, Estimated loss and Estimated return require significant assumptions about the repayment of loans, and lenders should make their own judgments with respect to the accuracy of these assumptions. Actual performance may differ from estimated performance.
Borrower's Credit Profile
Prosper score (1-10):
| 7 |
First credit line:
| Oct-1995 |
Debt/Income ratio:
| 30% |
Credit score:
| 740-759 (Jan-2011) |
Inquiries last 6m:
| 0 | Employment status: | Employed |
Now delinquent:
| 1 |
Current / open credit lines:
| 8
/
5 | Length of status: | 12y 5m |
Amount delinquent:
| $517 |
Total credit lines:
| 24 |
Occupation: | Teacher |
Public records last 12m / 10y:
| 0/ 0 |
Revolving credit balance:
| $5,745 | Stated income: | $50,000-$74,999 |
Delinquencies in last 7y:
| 2 |
Bankcard utilization:
| 29% | | |
| |
Homeownership:
| No | | |
Screen name:
| gold-griffin5 |
Borrower's state:
| Texas |
Borrower's group:
| N/A |
Credit and homeownership information was obtained from borrower's credit report and displayed without having been verified.
Employment and income was provided by borrower and displayed without having been verified.
Description
Purchase a Business
Purpose of loan:
This loan will be used to purchase a business my husband and I currently work at. It it a ATA Karate for Kids school, a National franchise. The business currently makes a monthly income of $2600, which is my husbands paycheck for the last 3 years working there. The owner obviously needs to close. We would like to purchase the business and add a after school program ($89 a week for 28 kids) as well as summer camp($189 a week for 28 kids for 10 weeks). The business just needs motivated owners and additional programs.
My financial situation:
I am a good candidate for this loan because my husband and I have already been running the school for a year.
The business already pays for itself plus my husbands paycheck, so the business will not be in the red upon purchase.
Monthly net income: $
3344 plus husband 2000
Monthly expenses: $
??Housing: $
830
??Insurance: $
500
??Car expenses: $
365
??Utilities: $
200
??Phone, cable, internet: $
150
??Food, entertainment: $ 600
??Clothing, household expenses $
??Credit cards and other loans: $
607 almost paid off credit consolidation
??Other expenses: $
Information in the Description is not verified.
Borrower Payment Dependent Notes Series
489579
The following information pertains to the borrower loan being requested, that corresponds to the series of Notes to be issued upon the funding of the borrower loan, in the event the listing receives commitments to purchase Notes in an amount that equals or exceeds the minimum amount required for the loan to fund.
Amount:
| $14,500.00 |
Prosper Rating:
| B |
Listing Duration:
| 14 days
|
Minimum Amount to Fund:
| $14,500 |
Estimated loss*:
| 4.95% | | |
Term:
| 36 months | | | | |
|
Lender yield:
| 12.40% |
Borrower rate/APR:
| 13.40% / 15.55% |
Monthly payment:
| $491.36 |
|
Lender servicing fee:
| 1.00% |
Effective Yield*:
| 12.19% | | |
| |
Estimated return*:
| 7.24% | | |
* Estimated loss is the estimated principal loss on charge-offs. Effective yield is equal to the borrower interest rate: (i) minus the servicing fee rate, (ii) minus estimated uncollected interest on charge-offs, (iii) plus estimated collected late fees. Effective yield, Estimated loss and Estimated return are intended to represent the estimated average effective yield, loss and return, respectively, on a basket of loans with the same characteristics as this listing. All estimates are based on the historical performance of Prosper loans for borrowers with similar characteristics. The calculations of Effective yield, Estimated loss and Estimated return require significant assumptions about the repayment of loans, and lenders should make their own judgments with respect to the accuracy of these assumptions. Actual performance may differ from estimated performance.
Borrower's Credit Profile
Prosper score (1-10):
| 8 |
First credit line:
| Sep-1994 |
Debt/Income ratio:
| 34% |
Credit score:
| 740-759 (Jan-2011) |
Inquiries last 6m:
| 1 | Employment status: | Employed |
Now delinquent:
| 0 |
Current / open credit lines:
| 14
/
12 | Length of status: | 15y 4m |
Amount delinquent:
| $0 |
Total credit lines:
| 35 |
Occupation: | Engineer - Mechanic... |
Public records last 12m / 10y:
| 0/ 0 |
Revolving credit balance:
| $15,978 | Stated income: | $50,000-$74,999 |
Delinquencies in last 7y:
| 0 |
Bankcard utilization:
| 32% | | |
| |
Homeownership:
| Yes | | |
Screen name:
| ssjll |
Borrower's state:
| Georgia |
Borrower's group:
| N/A |
Credit and homeownership information was obtained from borrower's credit report and displayed without having been verified.
Employment and income was provided by borrower and displayed without having been verified.
Prosper Activity
Loan history | Payment history | Credit score history |
Active / total loans:
| 0 / 1 |
On-time:
| 25 ( 100% )
| 740-759 (Latest)
|
Principal borrowed:
| $7,250.00 | < 31 days late:
| 0
( 0% )
| 720-739
(Jul-2009)
740-759
(Jun-2008)
740-759
(Apr-2008)
|
Principal balance:
| $0.00 |
31+ days late:
| 0
( 0% )
|
Total payments billed:
| 25 | | |
Description
Paying off cards and doctor bills!
Purpose of loan:
This loan will be used to pay off credit cards and doctor bills from a hysterectomy.?
My financial situation:
I am a good candidate for this loan because my partner and I have been?at our jobs for over 15 years.? We are dependable, trustworthy, and have already paid a Prosper loan early.?Below is for household income and bills.
Monthly net income: $ 7,200
Monthly expenses: $
??Housing: $ 1,450
??Insurance: $ 180.00
??Car expenses: $ 450.00
??Utilities: $ 400.00
??Phone, cable, internet: $ 200.00
??Food, entertainment: $ 600.00
??Clothing, household expenses $ 400.00
??Credit cards and other loans: $1,300
??Other expenses: $250.00
Information in the Description is not verified.
Borrower Payment Dependent Notes Series
489589
The following information pertains to the borrower loan being requested, that corresponds to the series of Notes to be issued upon the funding of the borrower loan, in the event the listing receives commitments to purchase Notes in an amount that equals or exceeds the minimum amount required for the loan to fund.
Amount:
| $2,000.00 |
Prosper Rating:
| B |
Listing Duration:
| 14 days
|
Minimum Amount to Fund:
| $2,000 |
Estimated loss*:
| 5.95% | | |
Term:
| 12 months | | | | |
|
Lender yield:
| 12.40% |
Borrower rate/APR:
| 13.40% / 19.24% |
Monthly payment:
| $179.01 |
|
Lender servicing fee:
| 1.00% |
Effective Yield*:
| 12.19% | | |
| |
Estimated return*:
| 6.24% | | |
* Estimated loss is the estimated principal loss on charge-offs. Effective yield is equal to the borrower interest rate: (i) minus the servicing fee rate, (ii) minus estimated uncollected interest on charge-offs, (iii) plus estimated collected late fees. Effective yield, Estimated loss and Estimated return are intended to represent the estimated average effective yield, loss and return, respectively, on a basket of loans with the same characteristics as this listing. All estimates are based on the historical performance of Prosper loans for borrowers with similar characteristics. The calculations of Effective yield, Estimated loss and Estimated return require significant assumptions about the repayment of loans, and lenders should make their own judgments with respect to the accuracy of these assumptions. Actual performance may differ from estimated performance.
Borrower's Credit Profile
Prosper score (1-10):
| 8 |
First credit line:
| Feb-1986 |
Debt/Income ratio:
| Not calculated |
Credit score:
| 740-759 (Jan-2011) |
Inquiries last 6m:
| 0 | Employment status: | Employed |
Now delinquent:
| 0 |
Current / open credit lines:
| 5
/
5 | Length of status: | 0y 1m |
Amount delinquent:
| $0 |
Total credit lines:
| 17 |
Occupation: | Analyst |
Public records last 12m / 10y:
| 0/ 0 |
Revolving credit balance:
| $13,770 | Stated income: | $100,000+ |
Delinquencies in last 7y:
| 0 |
Bankcard utilization:
| 64% | | |
| |
Homeownership:
| No | | |
Screen name:
| best-basis-radio |
Borrower's state:
| DistrictOfColumbia |
Borrower's group:
| N/A |
Credit and homeownership information was obtained from borrower's credit report and displayed without having been verified.
Employment and income was provided by borrower and displayed without having been verified.
Description
Paying expenses to start new job
Purpose of loan:
This loan is to pay some expenses as I am changing jobs and expected to be paid back in full by end of month.?
My financial situation:
My current situation is moderate expenses living in the city but a new salary much higher than previous job.
Monthly net income: $
5600
Monthly expenses: $
??Housing: $
1378
??Insurance: $
0
??Car expenses: $
0
??Utilities: $
0
??Phone, cable, internet: $
250
??Food, entertainment: $
1000
??Clothing, household expenses $
??Credit cards and other loans: $ 500
??Other expenses: $
Information in the Description is not verified.
Borrower Payment Dependent Notes Series
489595
The following information pertains to the borrower loan being requested, that corresponds to the series of Notes to be issued upon the funding of the borrower loan, in the event the listing receives commitments to purchase Notes in an amount that equals or exceeds the minimum amount required for the loan to fund.
Amount:
| $5,900.00 |
Prosper Rating:
| AA |
Listing Duration:
| 14 days
|
Minimum Amount to Fund:
| $4,130 |
Estimated loss*:
| 1.30% | | |
Term:
| 36 months | | | | |
|
Lender yield:
| 6.65% |
Borrower rate/APR:
| 7.65% / 7.99% |
Monthly payment:
| $183.93 |
|
Lender servicing fee:
| 1.00% |
Effective Yield*:
| 6.65% | | |
| |
Estimated return*:
| 5.35% | | |
* Estimated loss is the estimated principal loss on charge-offs. Effective yield is equal to the borrower interest rate: (i) minus the servicing fee rate, (ii) minus estimated uncollected interest on charge-offs, (iii) plus estimated collected late fees. Effective yield, Estimated loss and Estimated return are intended to represent the estimated average effective yield, loss and return, respectively, on a basket of loans with the same characteristics as this listing. All estimates are based on the historical performance of Prosper loans for borrowers with similar characteristics. The calculations of Effective yield, Estimated loss and Estimated return require significant assumptions about the repayment of loans, and lenders should make their own judgments with respect to the accuracy of these assumptions. Actual performance may differ from estimated performance.
Borrower's Credit Profile
Prosper score (1-10):
| 10 |
First credit line:
| Feb-1990 |
Debt/Income ratio:
| 7% |
Credit score:
| 820-839 (Jan-2011) |
Inquiries last 6m:
| 2 | Employment status: | Employed |
Now delinquent:
| 0 |
Current / open credit lines:
| 13
/
11 | Length of status: | 0y 3m |
Amount delinquent:
| $0 |
Total credit lines:
| 38 |
Occupation: | Analyst |
Public records last 12m / 10y:
| 0/ 0 |
Revolving credit balance:
| $16,427 | Stated income: | $75,000-$99,999 |
Delinquencies in last 7y:
| 0 |
Bankcard utilization:
| 19% | | |
| |
Homeownership:
| Yes | | |
Screen name:
| TangoKilo |
Borrower's state:
| California |
Borrower's group:
| N/A |
Credit and homeownership information was obtained from borrower's credit report and displayed without having been verified.
Employment and income was provided by borrower and displayed without having been verified.
Prosper Activity
Loan history | Payment history | Credit score history |
Active / total loans:
| 0 / 3 |
On-time:
| 29 ( 100% )
| 820-839 (Latest)
|
Principal borrowed:
| $16,251.00 | < 31 days late:
| 0
( 0% )
| 820-839
(Jun-2008)
840-859
(Jul-2006)
(Mar-2006)
|
Principal balance:
| $0.03 |
31+ days late:
| 0
( 0% )
|
Total payments billed:
| 29 | | |
Description
Consolidating Debt
Purpose of loan:
This loan will be used to pay off a zero % interest credit card that is lapsing.
My financial situation:
After being a stay-at-home dad for the last 2 years, I have recently returned to the workforce.? I ran up a little debt paying my share of the bills while having minimal income and expect to pay it down within about a year.? My new job is in the same niche in which I have worked since 1994 and the company is continuing to hire and grow.? I hope to be back on my feet and debt-free aside from mortgages and a joint car loan for my wife's recent car purchase.
You will note a high revolving balance on my credit cards.? 5,900 is being paid off with this loan.? The remainder are balances that are paid in full each month.? I have always paid on time and in full and consider it criminal to not pay one's debts so your principal is secure.
I am also an early adopter of Prosper and have repaid 3 loans already.? If you expect to get a full 3 years of investment, you should not bid on this loan.? I will pay it off early and most likely within a year or so.
Information in the Description is not verified.
Borrower Payment Dependent Notes Series
489558
The following information pertains to the borrower loan being requested, that corresponds to the series of Notes to be issued upon the funding of the borrower loan, in the event the listing receives commitments to purchase Notes in an amount that equals or exceeds the minimum amount required for the loan to fund.
Amount:
| $2,500.00 |
Prosper Rating:
| E |
Listing Duration:
| 14 days
|
Minimum Amount to Fund:
| $2,500 |
Estimated loss*:
| 14.20% | | |
Term:
| 36 months | | | | |
|
Lender yield:
| 31.20% |
Borrower rate/APR:
| 32.20% / 35.86% |
Monthly payment:
| $109.16 |
|
Lender servicing fee:
| 1.00% |
Effective Yield*:
| 29.77% | | |
| |
Estimated return*:
| 15.57% | | |
* Estimated loss is the estimated principal loss on charge-offs. Effective yield is equal to the borrower interest rate: (i) minus the servicing fee rate, (ii) minus estimated uncollected interest on charge-offs, (iii) plus estimated collected late fees. Effective yield, Estimated loss and Estimated return are intended to represent the estimated average effective yield, loss and return, respectively, on a basket of loans with the same characteristics as this listing. All estimates are based on the historical performance of Prosper loans for borrowers with similar characteristics. The calculations of Effective yield, Estimated loss and Estimated return require significant assumptions about the repayment of loans, and lenders should make their own judgments with respect to the accuracy of these assumptions. Actual performance may differ from estimated performance.
Borrower's Credit Profile
Prosper score (1-10):
| 6 |
First credit line:
| Feb-1966 |
Debt/Income ratio:
| 24% |
Credit score:
| 680-699 (Jan-2011) |
Inquiries last 6m:
| 0 | Employment status: | Employed |
Now delinquent:
| 1 |
Current / open credit lines:
| 15
/
10 | Length of status: | 29y 2m |
Amount delinquent:
| $78 |
Total credit lines:
| 46 |
Occupation: | Clerical |
Public records last 12m / 10y:
| 0/ 1 |
Revolving credit balance:
| $12,256 | Stated income: | $25,000-$49,999 |
Delinquencies in last 7y:
| 25 |
Bankcard utilization:
| 53% | | |
| |
Homeownership:
| No | | |
Screen name:
| maym |
Borrower's state:
| Connecticut |
Borrower's group:
| N/A |
Credit and homeownership information was obtained from borrower's credit report and displayed without having been verified.
Employment and income was provided by borrower and displayed without having been verified.
Description
hopeful
Purpose of loan:
This loan will be used to? debt consoliudation
My financial situation:
I am a good candidate for this loan because? bills are current but want to pay off several
Monthly net income: $ 1616.00
Monthly expenses: $ 1200.00
??Housing: $ 0 no mortgage
??Insurance: $ 75.00
??Car expenses: $ 125.00
??Utilities: $ 200.00 flexiable
??Phone, cable, internet: $ 200.00 approx
??Food, entertainment: $food 250.00
??Clothing, household expenses $ 100.00
??Credit cards and other loans: $ 600.00
??Other expenses: $ 100.00
Information in the Description is not verified.
Borrower Payment Dependent Notes Series
489626
The following information pertains to the borrower loan being requested, that corresponds to the series of Notes to be issued upon the funding of the borrower loan, in the event the listing receives commitments to purchase Notes in an amount that equals or exceeds the minimum amount required for the loan to fund.
Amount:
| $7,500.00 |
Prosper Rating:
| B |
Listing Duration:
| 14 days
|
Minimum Amount to Fund:
| $5,250 |
Estimated loss*:
| 5.95% | | |
Term:
| 36 months | | | | |
|
Lender yield:
| 13.90% |
Borrower rate/APR:
| 14.90% / 17.07% |
Monthly payment:
| $259.62 |
|
Lender servicing fee:
| 1.00% |
Effective Yield*:
| 13.67% | | |
| |
Estimated return*:
| 7.72% | | |
* Estimated loss is the estimated principal loss on charge-offs. Effective yield is equal to the borrower interest rate: (i) minus the servicing fee rate, (ii) minus estimated uncollected interest on charge-offs, (iii) plus estimated collected late fees. Effective yield, Estimated loss and Estimated return are intended to represent the estimated average effective yield, loss and return, respectively, on a basket of loans with the same characteristics as this listing. All estimates are based on the historical performance of Prosper loans for borrowers with similar characteristics. The calculations of Effective yield, Estimated loss and Estimated return require significant assumptions about the repayment of loans, and lenders should make their own judgments with respect to the accuracy of these assumptions. Actual performance may differ from estimated performance.
Borrower's Credit Profile
Prosper score (1-10):
| 8 |
First credit line:
| Oct-1996 |
Debt/Income ratio:
| 19% |
Credit score:
| 740-759 (Dec-2010) |
Inquiries last 6m:
| 1 | Employment status: | Employed |
Now delinquent:
| 0 |
Current / open credit lines:
| 10
/
9 | Length of status: | 6y 0m |
Amount delinquent:
| $0 |
Total credit lines:
| 24 |
Occupation: | Realtor |
Public records last 12m / 10y:
| 0/ 0 |
Revolving credit balance:
| $22,259 | Stated income: | $75,000-$99,999 |
Delinquencies in last 7y:
| 0 |
Bankcard utilization:
| 62% | | |
| |
Homeownership:
| Yes | | |
Screen name:
| youthful-bid |
Borrower's state:
| California |
Borrower's group:
| N/A |
Credit and homeownership information was obtained from borrower's credit report and displayed without having been verified.
Employment and income was provided by borrower and displayed without having been verified.
Description
Learned my lesson with Credit Cards
Purpose of loan:
This loan will be used to pay off a high (29.99) rate credit card and ultimately get out of all credit card debt.?
My financial situation:
I am a good candidate for this loan because I have stable, regular monthly income of $3,100. Additionally, I have reliable, but varied commission income between $1500 and $5,000 per month. My home mortgage loan is in the process of being modified approximately $500 less than it is now. I intend to use that freed up money to pay down my credit card balance. Also, I intend to use any and all income over and above my expenses toward paying off the loan. I have a 3 year plan in place to become debt free. I own my car free and clear and it is in good condition. I own my home and it is in good condition. I have a 6 year old son and my husband passed away just before he was born. I have done a good job of covering my expenses on my own. However, the real estate market has been very slow for the past 3 years. Over this time, I have used credit cards to cover unexpected expenses and let them get out of hand. I have a dear family member and friend who have been advising me how to correct the situation. With their guidance, my commitment and your help, I am confident I will be able to get out of the vicious credit card cycle for good, thereby protecting my hard earned credit and providing you with a safe and effective investment. I appreciate your consideration very much! ?
Monthly net income: $
$4,500
Monthly expenses: $
??Housing: $
1183 ???
??Insurance: $ 182
??Car expenses: $100 ???? ???
??Utilities: $
150
??Phone, cable, internet: $75
??Food, entertainment: $
500 ????
??Clothing, household expenses $
100
??Credit cards and other loans: $ 500
??Other expenses:?
Information in the Description is not verified.