Building My Newspaper Business

Purpose of loan:The purpose of this loan is to help put my current online newspaper into print. The Bay Area Observer is a community newspaper and has been online for three years. Our readers and advertisers have expressed a desire to have it available in hardcopy. Community newspapers are doing well despite the unstable atmosphere of big newspaper outlets. We want to be in print, and establish ourselves as the premier community newspaper in our area. We have that opportunity if I act now, and the money borrowed here will be used to meet printing expenses.My financial situation:My financial situation is stable, as I am still employed elsewhere, and I paid most of my debts of with a previous Prosper loan. My current debts are very manageable. I was never late on my previous Prosper loan.I?m single with no children, so my personal expenses such as clothing, food etc. are low. Monthly net income: $2100.00Monthly expenses: $988Housing: $0.00Insurance: $43.00 per monthCar expenses: $422.00 per monthUtilities: $100.00Phone, cable, internet: $50.00Food, entertainment: $150.00Clothing, household expenses $100.00Credit cards and other loans: $63.00 per monthOther expenses: $160.00 land payment

Q: you clear monthly, almost as much as you want to borrow. Why borrow at 34%? thank you - Tono

A: I would like to keep my personal finances separate from business. The newspaper will be responsible for paying this loan via advertising revenue. My personal finances are there to ensure repayment. I'm also hoping the interest rate will be bid down some. (Jan-28-2010)

Buying an engagement ring

Purpose of loan:
This loan will be used to? buy an engagement ring.? We have been dating for 3 years and I am getting pressure to pull the trigger.? We already live together and have bought a house together and we are ready to make it official by getting married.

My financial situation:
I am a good candidate for this loan because? I have a very steady job where I have been employed for over?5 years.? Just recently received a big promotion and have very good job security as my job thrives in good economic times and bad.

Q: Hey superb-velocity8-- What's up with the delinquency on your record? - bondhedger

A: Thanks for the question bondhedger...the delinquency noted was on my first home that I bought and have since sold. There was a small home equity line taken out to cover the LTV ratio to avoid PMI. I had thought the bank had set it up on direct withdrawl and the first payment went delinquent because they were expecting a check. This was the first payment on the loan and I immediately paid up when I found out what had happened but the damage had been done. Quite frustrating. (Jan-27-2010)

home improvement

Purpose of loan:
(explain what you will be using this loan for)
home improvement
My financial situation:
(explain why you are a good candidate for paying back this loan)
PAY BILLS ON TIME.???Have one loan with prosper and pay before the due date.?
Monthly net income: $ 1815.02

Monthly expenses: $
??Housing: $ 590.00?RENT
??Insurance: $ 328.00 PER 6 MONTHS AUTO
??Car expenses: $ 25.00 GAS PER MONTH
??Utilities: $ 25.00 TO 30.00?AVERAGE PER MONTH ELECTRIC ONLY
??Phone, cable, internet: $ 151.16
??Food, entertainment: $ 250.00 PER MONTH
??Clothing, household expenses $
??Credit cards and other loans: $?110.00
??Other expenses: $

Paying off my credit cards

Purpose of loan:
This loan will be used to pay off credit cards and vacation expenses ????

My financial situation:
I am a good candidate for this loan because i am able to repay in time

Monthly net income: $ 2200

Monthly expenses: $
??Housing: $ 500
??Insurance: $ 100
??Car expenses: $80
??Utilities: $
??Phone, cable, internet: $
??Food, entertainment: $
??Clothing, household expenses $
??Credit cards and other loans: $
??Other expenses: $

Q: Can you please list all your bills, and dept. Like food, and so on? Is there other income? - exchange-cowbell5

A: hi yes i do have a second job also working as a part-time at Skilled Nursing Facility as an LVN. regarding the bills, phone bill 50 dollars, food ( month) 200. please let me know if that answered your question. thank you. (Jan-29-2010)

Looking for lower interest rate. :)

Hello!? I have applied for this loan in order to pay off two credit cards with relatively high interest rates...16.24% and 17.49%.? Although I have a fairly high amount of debt, I am never late on any payments, and my credit score is pretty good.? Even though my state (Louisiana) has a low interest rate cap, it's not that low and you can still make a nice percentage on this low risk loan. :)

Thank you for your consideration!? :)

Getting my finances in order

Purpose of loan:
This loan will be used to primarily to fund my efforts to move back into my own apartment. (I moved back home to save money.)?It will secondarily be used to assist my mother with home improvement and other expenses. My father passed away in December 2007, and she is now the primary income owner in?her household.

My financial situation:
I am a good candidate for this loan because I have worked extremely hard to pay off my debts, and?bring my credit score up to a respectable level. I still have a bit?of work to do to get my score even higher,?and I am diligently working towards a?goal of a perfect credit score. Since I have graduated from college, I have steadily improved my spending, saving, and borrowing practices, and am well on my?may to being a responsible borrower.

On a personal and financial note, I have been working with?Hewlett-Packard (formerly EDS) for the past two years. Due to the economic climate, my salary has seen little?growth. I've gotten a 5% pay cut in fact. This pay cut has caused?me to make adjustments to my life that have been difficult at times (moving back home for example). Also, as mentioned above, a loan would allow me to assist my mother (retired) as needed with household repairs and other expenses.

Monthly net income: $2,660

Monthly expenses: $
??Housing: $ 400
??Insurance: $ 0
??Car expenses: $ 0
??Utilities: $ 0
??Phone, cable, internet: $ 115
??Food, entertainment: $ 200
??Clothing, household expenses $ 150
??Credit cards and other loans: $ 135
??Other expenses: $ 100

Q: Please explain the 9 deliquincies shown on your listing. Please answer publicly. Thanks, and best wishes with your listing. - tigercat

A: Tigercat, the 9 delinquencies occured mostly during my time in college, and about 3-6 months after I graduated from college. Quite honestly, the delinquencies that occured during college were because of poor and irresponsible borrowing practices. After college, I became more proactive in raising my credit score, especially after landing my first job. Presently, I've been steadily employed for about four years, and have been steadily and responsibly paying my bills on time. (Jan-26-2010)

Q: see my page please. - Tono

A: Tono, thanks for the advice. :-) Per your recommendation, and for prospective lenders, please see my total monthly expenses explained in detail. Housing: $400 (live at home, rent paid to mother), Car: N/A, car is already fully funded and insurance is paid by mother, Utilities: included in rent, Phone bill: $115, Groceries/other: $200-250, Clothing/HH expenses: $150, Credit Card/Student Loans: $20 min for card/$115 for student loan, Other expenses: $100 Total monthly expenses: $1100-$1150 (Jan-27-2010)

Prosper Loan

Purpose of loan:
This loan will be used to?pay for medical bills paid for with credit cards.? The medical bills were not covered by my medical insurance.

My financial situation:
I am a good candidate for this loan because?I have never defaulted on a loan nor credit card bill.? I intend to pay back the bill with my US tax refuned.? I have had the same job for 26+ years.???

Monthly net income: $ 11,345

Monthly expenses: $ 4000?
??Housing: $ 1200
??Insurance: $ 200?
??Car expenses: $ 200
??Utilities: $ 250?
??Phone, cable, internet: $ 200?
??Food, entertainment: $ 400?
??Clothing, household expenses $ 200
??Credit cards and other loans: $ 1350?
??Other expenses: $

Q: Can you please tell us why this is so high? Revolving credit balance:$90,447 And did you list your income correctly, you said you make 11,000 plus a month, your bills are under 5,0000. Why would you need to borrow 1,000? - exchange-cowbell5

A: My gross salary is $11,000 per month and my net salary is $6,300 per month. I have had a bad run of luck within the last six months. My auto repairs have been $2,500. within the last 45 days and I have had $16,000 in Medical/Dental bills within the last few months that were not covered by Medical Insurance. I paid these bills with credit cards. I wanted the $1,000 to cover monthly bills until I received my income tax refund. My intention was that this was going to be a short term loan. (Jan-28-2010)

I'd rather pay you than the banks!

Purpose: This loan will be used to consolidate some bills from my recent engagement ring purchase.

My financial situation: After exchanging PMs with some highly involved investors on Prosper, I now realize that a big concern is the 75k in revolving debt. I will breakdown this debt and the payments on request as I don?t have enough characters left for the listing; however 30k of it is for a loan I co-signed for a friend over a year ago. He hasn't missed a payment, and I don't expect him to in the future. The other 50k in revolving debt is truly mine, and a fair majority of it was accrued years ago in college when I was a bit immature with my spending and most recently as I had to replace the heating unit in my home.

I want all investors to know that I am very serious about my credit score, Further ? I?m serious about getting out of debt ? within 3 years from now I should be either completely out of debt or very close. Investors should know that I've never had a late or missed payment and I don't intend to start now. I?ve held a stead job at a Fortune 100 company for the past 5 years 3 promotions during that time. The wife-to-be also holds a steady job and will be helping pay down debt once married (late 2010).

Q: Are you going to be able to pay down your debts and have a wedding that doesn't add to your debt burden? - nilonc1

A: Thanks for the question! I'm happy to say that my fiance and I are rather blessed in the fact that our parents (primarily her parents actually) will be paying for the entire wedding costs. Further to help our future, my fiance and I agreed that we would put at least 50% the money we receive as gifts from the wedding towards our collective debt (note she has much less compared to me). (Jan-26-2010)

Q: When did you buy your house? Are you underwater? - ideal-value

A: Thanks for the interest in my listing! I purchased my house in November of 2006 for 180k, my mortgage balance is currently right above 170k, and zillow.com states my home is worth anywhere from 170k-182k; so while I have little to no equity in my home, I am not underwater. (Jan-28-2010)

Q: what is the name the company you work for? - Loan_shark718

A: I work for Comcast, the nation's largest Cable and Internet provider. (Jan-31-2010)

School

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: $

Good Standings with Prosper Lenders

Purpose of loan:
This loan will be used to pay off?one large?credit card that I needed to use for an emergency. The monthly payment for the large credit card is $300, and if?I get this loan, that money will go to Prosper Lenders' instead.???

My financial situation:
I am a good candidate for this loan because?I recently been promoted from?Concierge to Membership Manager with a nice pay raise. I have never missed a previous (or current) prosper loan payment. I am very reliable and hold?steady employment with the same company for over four years. ??

Monthly net income:?$2400 (after taxes)?

Monthly expenses: $1715
??Housing: $550 (rent)?
??Insurance: $0?
??Car expenses: $0
??Utilities: $75?
??Phone, cable, internet: $75?
??Food, entertainment: $100?
??Clothing, household expenses $100?
??Credit cards and other loans: $475 (this will be only $175)
? Prosper Loan (ending in Dec 2010): $340

Q: Please describe the nature and stability of your employer. Thanks much and best wishes. - reflective-rupee

A: I have been with my company steadily for 4 and half years now, but I have worked for them for over 8, on and off. They are a very stable high-end company with a core team. I have support from the whole operation whether it is upper management or not. I have worked my way up the ladder with great success and great connections! I get positive feedback all of the time with my efforts that I put forth, and I know for a fact that I am doing well! (Jan-31-2010)

Q: Considering your exceptional record I feel confident you'll repay the loan and will increase my bidding with time. I'd like to understand how a 30% prosper loan will improve your situation as opposed to just paying down the card over time. thanks JJ - quickstep

A: The main reason is my husband and I want to open a wine shop in the next 2 to 5 years. We have mapped out a plan to get rid of my debt and save for our shop. With Prosper, I am able to save at a faster pace. Right now, I can save for one year and throw all my money into my cc?s, leaving my savings empty. But if I get this loan, I can take care of my cc's sooner, and I can save in the meantime since I only have to pay the ?minimum? of a prosper loan. (Feb-01-2010)

Buying Used Car

Purpose of loan:
This loan will be used to buy Low mileage used car which in good condition, I have $4000 and need your help also.

My financial situation:
I am a good candidate for this loan because?? I had salary of net income 6080 each month and no major debts on credit cards. My income is verified also and i get $1520 paid every week. I plan to pay off this loan earlier in 9-12 months

Monthly net income: $ 6080

Monthly expenses: $
??Housing: $ 2107
??Insurance: $
??Car expenses: $ 100
??Utilities: $?170
??Phone, cable, internet: $ 70?
??Food, entertainment: $ 150
??Clothing, household expenses $ 50
??Credit cards and other loans: $ 140
??Other expenses: $