heat pumps

Purpose of loan:
This loan will be used to? replace my current heat pumps.

My financial situation:
I am a good candidate for this loan because?I am very responsible with my money. I went through a divorce 5 years ago that left me less than credit worthy due to a bi-polar ex and now 5 short years later I am in charge of my own finances and I happy to say that I pay all of my bills in a timely manner and some earlier than their due dates.

Building Credit With Prosper 2

Purpose of loan:
This loan will be used to?Business and Investment use. ( I am trying to build credit with prosper so in 2-3 years I can get a bigger loan to open a second Location. I am using this 1200.00 to invest in Tickets to resell and Inventory for current location. I don't understand how my credit score dropped 100 points buy applying for credit cards.

My financial situation:
I am a good candidate for this loan because??My business has been open since 2007 and I have a 3year established employment?with income.?

Monthly net income: $ 2000.00

Monthly expenses:?$600.00
??Housing: $ 0
??Insurance: $ 100.00
??Car expenses: $ Paid Off
??Utilities: $ 100.00
??Phone, cable, internet: $ 100.00
??Food, entertainment: $ 300.00
??Clothing, household expenses $ 0
??Credit cards and other loans: $ 0
??Other expenses: $ Buisness Pays Loans on credit cards Money used for investments

Q: is your house paid for. Curious about your house payment - restless-dime

A: No House payment (Paid ) (Oct-26-2010)

Q: on your last loan your first credit line show year 2000. Now this loan it shows 2010. Wats up with that - restless-dime

A: Dunno what you are talking about (Maybe a credit card I was a joint account holder on that fell off the bureau or company quit reporting ???) (Oct-26-2010)

Q: Can you describe your business? - orange-impartial-asset

A: www.412grill.com (Oct-26-2010)

Funding for my wedding

Purpose of loan:
I will be using these funds for my?wedding expenses.?

My financial situation:
I am a good candidate for this loan because I am a CPA with a very stable job at a big 4 public accounting firm, specializing in the government contracting and financial services industries.? I have excellent credit, and have a strict budget with low expenses, enabling me to easily make the payments for this loan.

My monthly budget is as follows:
Monthly Cash Inflow:????$3,068
My portion of rent:?????????? 400
Comcast and utilities: about 225
Groceries, misc.:????????????300
Car insurance, gas:????about 210
Entertainment:??????? ???about 100
Net Cash Surplus:????????$1,833

My budget would easily allow me to make monthly payments of $326.14 per month.

Business Improvements

Purpose of loan:
This loan will be used to?
The purpose of this loan is to make some minor business improvements to my business. I am in the animal care industry. Soon, I plan to go full-time. As of now I also work as a teacher's Aide.
My financial situation:
I am?a good candidate for this loan because?
My? financial siuation is great. My montly obligations are low and I make a decent income?from my job. Business is also increasing as well. My revenue and profit margins both have increased this past quarter.
Monthly net income: $ 2080 (Teacher's Aide)?

Monthly expenses: $
??Housing: $ 150
??Insurance: $ 137
??Car expenses: $ 0
??Utilities: $?70
??Phone, cable, internet: $ 80
??Food, entertainment: $ 0
??Clothing, household expenses $ 150
??Credit cards and other loans: $ 100
??Other expenses: $ 100

Q: What is the current income from your business, both gross and net of business expenses? - orange-impartial-asset

A: Hello orange-impartial-asset, My gross income from my business is $15,000. My net income is $10,000. So expenses is $5,000. These numbers however have been improving quarterly. The biggest expense was advertising. But I guess it paid off because my appointment books are filling up fast. It blows my mind because in this business that is relatively new, I have already earned close to 60% of my salary from being a teacher's aide. So as business picks up, I'm going to become full-time. Thank (Nov-01-2010)

Q: Also, how are your living expenses so low (housing expense of only $150 and no car expenses)? - orange-impartial-asset

A: Hello again orange-imapartial-asset, That is a great question. The reason why my living expenses is so low is becuase of my unique living situation. I live with my brother and mother. So my brother insisted that he take care of the rent. So I just give him $150 to show that I'm not taking advantage. And also pay some utilities. In regards to my car. I bought my car cash from a friend. So I do not have a car note. I drive a 2001 Honda Accord that is still taking care of business. Thank (Nov-01-2010)

Q: Please describe your business. - orange-impartial-asset

A: Hello again orange-impartial-agent, I am in the animal care industry. So I offer grooming services for pets. I do baths, haircuts, clipping nails, walks, improving pet breath, and pretty much whatever the customer wants done. We also work close with a pet obedient school. So if customers feel that their pets are just a little out of hand we can take care of that as well. Thanks (Nov-01-2010)

Proven Member

Proven Member with stable professional position (St. of CA. Engineer) and income (b.p. $7,885/mon.; n.p. $4,300/mon.)?Existing capacity to manage additional debt (DTI = 22)?Established history to ensure full payment (Prosper Score 8).This request represents a Solid Investment Opportunity with an initial Attractive Rate of Return?just ask prior investors on my previously funded and paid-off loans?Thanks

Q: Can you please explain the 3 DQs in the last 7 years? - jaesposito

A: "paid-in-full" Citibank account that was reported 90-days late for 3-months(apr-may 2010)..CR reporting info disputed...despite acct. pd-off status, 90-day info will stay in CR reports until 2015... (Nov-06-2010)

Debt Consolidation

Purpose of loan:
This loan will be used to consolidate credit cards.

My financial situation:
I am a good candidate for this loan because I've never had a late payment reported on my credit report and I have no negative inquires.

Monthly net income: $ 4,300

Monthly expenses: $
??Housing: $ 994
??Insurance: $ 60
??Car expenses: $ 150 (gas)
??Utilities: $ 150
??Phone, cable, internet: $ 50
??Food, entertainment: $ 50
??Clothing, household expenses $ 100
??Credit cards and other loans: $ 400
??Other expenses: $ 100

Q: Hi and good luck. Please explain the 52k credit balance. How much is the interest rate you are paying now? Thanks. - back-scratchers

A: I went through a divorce and my spouse left me with the house. I had to sell but I was a little upside down so I payed the house down a little, both realtors, and closing cost with my credit cards. My rates range from 7.9 to 14.9 on my credit cards. (Oct-29-2010)

NEW METAL ROOF

Purpose of loan:
This loan will be used to?New metal roof?for my home of 10 years.The type of roof that I'm looking at comes with a $1500.00 tax credit. In a few months my motorcycle will be paid off. This will free up some cash that happens to be?is the same amount of this loan.If you look at my credit report I havn't been delinqent in seven years.
My financial situation:
I am a good candidate for this loan because? I have been employed with the same prosperous?company for over four years,??

Monthly net income: $ ?3700

Monthly expenses: $ 2950.
??Housing: $ 597.
??Insurance: $ escrow
??Car expenses: $200.00 motorcycle payment
Utilities: $350.00
??Phone, cable, internet: $?275.00
??Food, entertainment: $600.
??Clothing, household expenses $ wife pays?
??Credit cards and other loans: $ 400.
??Other expenses: $ 525.

Flooring Project for Home

[Note: If this listing looks familiar, it is because Prosper asked me to relist it after adjusting my income because Prosper cannot accept rental income because they cannot adequately verify it. Nothing has changed from the prior listing! The only thing that is different is that the income figures on Prosper's side now show only my regular salary (which is still in excess of $100,000). So bid with confidence! Thanks.]

In January, my wife and I paid the final installment of our first Prosper loan. We could not have been more happy with the process, and we were even more happy that the interest was going to real people instead of to banks! Our second Prosper loan is due to be paid off in August 2011.

Over the last few months, we have undertaken significant home improvement projects in preparation for renting out our current home. Our home is a very nice house, with a great neighborhood and floorplan, but because it was among the last three buildings completed before the builder withdrew from the project, some of the interior features were completed as cheaply as possible, including the flooring.

The last thing we need to do before renting out the property is replace the existing flooring, which is the cheapest carpet I've ever seen. We intend to install travertine throughout the living room and hallways at an estimated cost of about $8,000. This includes the installation of a beautiful travertine waterjet medallion, which we have already purchased.

Because we enjoyed our experience with Prosper so much, it is our first choice to fund this project. As noted above, we recently made our final payment on our first Prosper loan (which was for a home improvement project for our rental condo unit), and our second loan (which we used as a cash cushion when closing the purchase of this home) is more than halfway through term.

Despite our Prosper grade, we believe we are an excellent risk. We own two rental condo units with long-term tenants (which downgrades our Prosper grade, since it is not offsetting the mortgages on those against our rental income), and we have high income, great credit scores, and no missed or late payments on anything. Note that even in these tough economic times, we have never had any late or returned payments on any of our Prosper loans. Bid with confidence on our listing! Thanks for giving us a chance!

Q: I appreciate your antipathy for banks, but why are you borrowing at around 34%? thank you - Tono

A: Short answer - time is of the essence. The sooner we are able to complete the flooring job, the sooner we can get the house rented. I'm presently working in a different city and am renting a place, so until the house is rented I am out of pocket roughly $2200-2300 per month. Because of our complicated finances, I can obtain financing much more quickly from Prosper than through traditional lines. Hope that helps! (Nov-03-2010)

Buying a new-used car

Purpose of loan:
We are in desperate need to?replace an aging car. Our 21 year old college-age daughter drives a 1996 Volvo 850. We bought it 5 years ago for $3000. We are now faced with needing to put $1800 to keep this vehicle running. This is on top of putting $1800 into the vehicle 2 months ago. At this point, I want to cut my losses short and instead, buy a new used car

My financial situation:
I am?employeed as an IT contractor to the?Federal Government, I am currently finishing up my MBA with a concentration in?Information Management (I have 3 more classes). Purpose for my continued education is to keep me relevant and?hone my skills to continue prospering. I?live in the Washington DC area which?has alway been relatively resilliant to resessions compared with the rest of the country due to the Federal Government opportunities for both public and private sector

Q: You state an income of $100,000 plus yet request a loan to buy a used car. Do you have savings in excess of the amount needed? - ExigeS2

A: No, I do not have savings other than 401k for retirement. I agree, $100k plus income is a decent amount of money. However, I live in the Washington DC area which has a high housing cost associated with it. I also have 4 kids. 1 is in college, I am going to college as well and have another set up to go in August. Additionally, my health insurance only covers 85% of my costs after $3K deductible. Between broken arms, surgery, tests, perscriptions etc. medical bills are high. (Oct-31-2010)