paying off loan with high % rate

Purpose of loan:
This loan will be used to consolidate debt incurred due to health care bills.

My financial situation:
I am a good candidate for this loan because I faithfully make full payments to all creditors each month, I am gainfully employed.

Help me finish getting debt-free!

Purpose of loan:
This loan will be used to pay off my last credit card balance before the interest rate skyrockets to 18+ percent.

My financial situation:
I am a good candidate for this loan because we have worked hard and simplified our monthly expenses to pay off credit cards (about $45,000 paid off since 2007). We own only one car (long ago paid off), we moved into a house with rent $320/month lower than what we were paying, we haven't had cable TV in years, we use only a pre-paid cell phone (about $100/year), and we know every free fun thing to do in town! We'd rather pay a fair rate to Prosper lenders than a ridiculous rate to Capital One.

Finish iPhone Game

Purpose of loanThis loan will be used fund the final stages of development for my Computer/iPhone game. I have been working on this game for 13 months. The game should be selling within 4 months. This loan will be used for licensing fees for development tools and software, advertising, copyright fees, business licensing, legal fees, and so on.
Anticipated ExpenseAmountDevelopment Software License $ 750iPhone Developer's License$ 99Copyright registration$ 50 - $115Advertising$ 50 - $100Total anticipated$1,049+
Why am I a good candidate for this loan?I am a good candidate for this loan because I have paid my current Prosper loan off quickly, on time, and ahead of schedule. I do this with all my loans. I have a good credit score, and I am smart with my finances. I have been able to run a small business and I am dedicated to what I do. I work hard, and I always do a quality job. I strongly believe my project will work out well. The iPhone market is very lucrative and is quickly growing. I have been working on this game for a year and a month, I have put over 3000 hours of work into it, and have recruited the volunteer assistance of 20 people in various vocations to do voice acting, art, composition, and so on. I plan to see it through to the end and if the project is successful, the loan should be fully paid back by mid-summer of this year. But even if my video game project does not work out the way I expect it to, I have backup plans for paying off debts properly which I lan to follow through on.

Q: How many successful iPhone app launches have you had in the past that are today producing revenue for you? What are other regular sources of income you have? - PRGuyinVA

A: This is my first iPhone app, and I will be also selling it on the PC/Mac. My income sources are currently restricted to my Computer repair business, and I get a handful of customers a month. (Jan-30-2010)

Q: Can you provide some details about the game? Also, do you plan to sell it on the new iPad as well? - FL-Lender

A: Due to prosper's privacy policy I can't provide many details that could make me identifiable. The most I think is safe to say is that it is a mystery game. I wasn't anticipating that the iPad would use the same OS as the iPhone/iTouch (being that up until last week it was a complete rumor). That being said, I think a large iPad version of this game would play out fantastically and I will certainly be looking into porting it onto that after successfully getting it onto the iPhone. (Jan-30-2010)

Q: What are your monthly living expenses? - RecoveryLender

A: I'm currently living with family, I just pay for phone. (Feb-02-2010)

Q: I lan to follow through on. spelling error. what's the back up plan, numbers for paying back loan? - bulsa

A: I'm carefully budgeting my funds. The game should sell April or May. Plan A -- Use the profits from the game to make payments, and if profits warrant, pay it off early. Plan B -- My tech business makes between 200 and 500 a month. I am going to be putting more time into advertising, equaling more profit. Plan C -- I have budgeted to last 8 - 12 months (all payments included). Enough time to get a job with steady income. Plan D -- I have people who will help me out if all else fails (Feb-04-2010)

College. Engineering degree in May

Purpose of loan:
This loan will be used to help pay tuition and expenses for my last semester of college.? I will graduate with a degree in Environmental Engineering in May,? which is a very marketable degree.? I'm asking for this loan because I am over a unit cap and this prevents me from receiving financial aid from the government. I guess I took too many "extra" classes.? I would rather loan money from honest random people than from a large bank. Thank you for considering this loan.? You will make a profit on this loan.

My financial situation:
I am a good candidate for this loan because I have good credit and a proven ability to generate income;? I've worked in construction for 6 years.? Once I graduate, there will be better jobs possible for me. ?The income below reflects the time when I worked in construction. ?A typical envirionmental or civil engineering job?will start at between $3,900 and $4,500 per month.

Monthly net income: $ 3200

Monthly expenses: $
??Housing: $ 1000
??Insurance: $ 300
??Car expenses: $ 200
??Utilities: $ 200
??Phone, cable, internet: $ 50
??Food, entertainment: $ 350
??Clothing, household expenses $ 150
??Credit cards and other loans: $ 100
??Other expenses: $ 100

Q: Hello, can you offer some info on the delinquencies, please? - erowis

A: The delinquencies were in 2006 from a student loan account that was mistakenly believed to be in deferment. Thank you for your consideration. (Feb-04-2010)

Paying off high interest crdt card

Purpose of loan:
This loan will be used to? pay off a credit card with a high interest rate.

My financial situation:
I am a good candidate for this loan because?I have a full-time job, my wife has a full-time job as a medical assistant. We also have one small rental property. We have decent credit and I just would like to pay off this one high interest card that is well above what I believe is reasonable..

Q: Please list all your income/expenses - Capit0l

A: My wife and I together make around 3500 to 3900 monthly. Monthly expenses are 2500 to 3200. (Feb-02-2010)

Pay off major purchase

I'm looking to make a major purchase and I think I can get a better rate through Prosper than with my credit card. I have great credit, but the banks still charge outrageous interest on credit cards. It's not even justifiable really. It's somewhat sad that a person with solid credit can't get a regular loan and not get gouged with the rate. I'm starting the rate off high in the hope that you agree on a reasonable one. Thanks for your help.

Also, I'm not really a Scientist, I'm a laboratory QC supervisor. The other choices really didn't fit. Cheers!

Upgrading Photo Equipment

This is a Re-Listing of a Previous Loan Request - Since that time I have booked a confirmed wedding on April 17 of which I will net $850, or 42.5% of the loan amount. However, to successfully meet the needs of this wedding I need to upgrade my existing camera gear with a new lens and lighting equipment. Please note that I have raised the interest rate from my previous loan as well. Thanks!


Purpose of loan:
This loan will be used upgrade my existing photo equipment to service future weddings that are already booked. I am a former wedding photographer and was picked up this week as the exclusive local photographer for a well-established wedding business in Carmel, CA. I need to replace a lens, possibly buy more lighting equipment and/or upgrade my camera body. You can view my work at www.luminessencephoto.com. Please do not email me regarding questions on the loan; use the Prosper forum for that! Thanks!


At this time I am anticipating 30 weddings during this calendar year at an average net of $1,000 each for a total of $30,000 net income from weddings alone. This does not include any other portraiture, commercial, or real estate sales that I generate. Thus, the principle of the loan can easily be paid off the first year. Also, cash flow will not be an issue because I have a regular job as a tutor. I make $25 an hour, work 15 hours a week at the moment, and I am picking up students from a departing tutor to push my hours north of 25. As this is extra income for my wife and I, not income needed for living expenses, a payment of several hundred dollars a month will not be a financial burden.

My financial situation:
I am a good candidate for this loan because I have other employment besides this, the weddings are already confirmed bookings and will more than pay for the loan, and my wife is employed full-time in the military. Her income has not been listed.

Monthly net income: $ 3,000

Monthly expenses: $750
??Housing: $0 (Covered by the military)
??Insurance: $100
??Car expenses: $200
??Utilities: $0 (Covered by the military)
??Phone, cable, internet: $0 (Covered by the military)
??Food, entertainment: $0 (Covered by my wife's income)
??Clothing, household expenses $0
??Credit cards and other loans: $200
??Advertising expenses: $250

Getting rid of the credit cards!

Purpose of loan:
This loan will be used to pay off older debt.? I have multiple credit card balances that I'd like to finally get rid of.? In 2002, I became divorced. I wanted to do ALL I could to make sure my son, who is EVERYTHING TO ME, was disrupted as least as possible due to financial setback.? So at the time, I became additionally burdened and my finances/credit took a hit, as is quite typical with divorce situations. It took the better part of the next 5 yrs. to keep "grinding" and finally see improvement again, and I AM HAPPY TO SAY over the last 2 to 3 yrs., I have rebuilt my credit back up over 100 points back to the 700's range.? PLEASE NOTE that I do NOT actually have any current delinquencies, the one shown is due to my name still being on one of my ex-wife's accounts which I just recently learned of.

I am now happily remarried, but really want to clean the slate in a consolidated, easier monthly payment to pay off current credit cards which include my older debt.? With this loan, I can pay off the cards and have a monthly loan payment that is LESS THAN HALF of what I pay now.? I HAVE COME TOO FAR and worked hard at REBUILDING my credit back to GOOD, and I will NOT go backwards.

My financial situation:? Gross Salary is $80,080/yr. (raise in April 2010 - will then be $82,160)
??????????????????????????????????? -wife makes? extra $13,650/yr.- net

I am a good candidate for this loan because I am fortunate to have a career in the "Transportation Engineering" industry which is benefitting from the economic stimulus funding of the country's transportation infrastructure.? I have been CONSTANTLY employed SINCE 1991 as a "civil engineer" in this industry with ONLY 3 MONTHS of unemployment (back in 1996) and that was only because the company I was with at that time went out of business.? I have a stable position with my current employer who I am in my 8th year with.

Monthly net income: $5002.00

Monthly expenses: $3718
??Housing: $1443.00
??Insurance: $85
??Car expenses: $500
??Utilities: $225
??Phone, cable, internet: $140
??Food, entertainment: $425
??Clothing, household expenses and food ($ wife pays)
??Credit cards and other loans: $700
??Other: (periodic repairs at home/car, property taxes) $200

Thanks to ALL who can help with my goal, as nothing is more important than MY FAMILY and SEEING MYSELF continue this forward momentum!