Credit Card Low Rate Expired

Purpose of loan:
This loan will be used to pay down my DiscoverCard which I had originally borrowed $10,000 at 3.9%.??The balance left now is?$6800. The APR has jumped to 16.99%!!

My financial situation:
I am a good candidate for this loan because I have about $90,000 liquidation value in my IRA stock account, but I wouldn't want to liquidate that because of tax reasons.

I also have $5996.77 in a savings account for emergency pourposes.

I have never paid late in my life and I will never plan to because at some point I would like to start a family and buy a house which requires perfect credit.

I am the project manager and shareholder partner at a software development company. I manage about 14 programmers. We are doing very well right now and I have stability because I am a partner that services many happy customers and bringing in lots of business.

Monthly net income: $ 6000 (after taxes)

Monthly expenses: $
??Housing: $ 1800
??Insurance: $?200 car insurance + $0 as health paid for by work
??Car expenses: $?420
??Utilities: $ 100
??Phone, cable, internet: $ 100
??Food, entertainment: $ 500
??Clothing, household expenses $?500
??Credit cards and other loans: $?1150 (Mostly USC College Loans)
??Misc expenses: $ 100
-----------------------------------------------------------
? Total Expenses: $4870
? Total left: $1130 to pay this Prosper Loan. Any remaining will go to a stock account as investment to be used later as a house downpayment.


The bottom line is that if anything happens I can just liquidate my $90,000 IRA and pay Prosper back. I would never ruin my credit. So, you really have nothing to worry about.

Also, I had a previous loan with Prosper that is 100% paid off.

Paying off my credit cards

Purpose of loan:
This loan will be used to pay off two of my credit cards and the reserve/advance line on my checking account.

My financial situation:
I am a good candidate for this loan because I have two stable jobs and am currently able to support myself well.? I would just like a loan with a much lower interest rate than what I am currently paying on my credit cards (all three?are over 21%).

Monthly net income: $ ~2,800

Monthly expenses: $ ~2630
??Housing: $ ~800
??Insurance: $ ~20
??Car expenses: $ ~60
??Utilities: $ ~100
??Phone, cable, internet: $ ~200
??Food, entertainment: $ ~1000
??Clothing, household expenses $ ~50
??Credit cards and other loans: $ ~400
??Other expenses: $

WORKING CAPITAL

DataLED signed a new contract this week with a large transit district in Texas for 565 electronic stop signs for the rear of their buses, this contract calls for delivery of (65) signs per month for the next eight months which will generate $ 17,875.00 per month with approximately $6,400.00 net profit per month. We have funding for all the parts except for the powder coated aluminum cans which they go into and as we all know the more contracts we win there is always start up cost. The cost for the first three months of front and rear cans will be $6,570.00. We should be able to pay off this loan in less than a year.We also have three other LED lighting bids that are currently under evaluation in which we have a more than probable chance of winning and would generate another $120,000 dollars of net income so we foresee no problems in making the payments to pay off this loan. These stop signs are basically going to work just like our Yield signs, once one district puts them on their buses all the transit districts in that State adopt this program and we get additional orders from them. We have around $4,500.00 of fixed cost per month for rent, phone, insurance, internet, etc. we have current customers with orders which should cover most of these expenses so we are growing, however we see that our cash flow needs require additional funding, I know that my credit report is not up to par but we were embezzled by a bookkeeper in 2003 causing me to file but I have been trying to make up for that. Thank you for your consideration.

I need to get through summer term

Purpose of loan:
This loan will be used to help me get through a summer semester. I am a dedicated student, and want to graduate on time. I both work full time, and go to school full time. I am dedicated to each of these responsibilities. If I can take this summer semester, I will be able to graduate Spring 2011, and start graduate school in fall 2011. If I can't take these summer classes, I will graduate Fall 2011, and will have to wait until Fall, 2012 to start graduate school, as most graduate schools only admit students in the fall semesters.

My financial situation:
I am a good candidate for this loan because I am financially responsible. I payed my way through my Associates Degree at the local college. I have proven that I am dedicated to my education, and determined to pay for it. I have had to take out Federal student loans to cover the cost of attending university, as university costs much more than the local college. I would like to pay for this summer semester, but we just can't come up with the money for the tuition costs as quickly as the school is requiring it.

Monthly net income: Together, my wife and I make $4,300.

Monthly expenses: $
??Housing: $ 1200
??Insurance: $ 275
??Car expenses: $ 390
??Utilities: $ 150
??Phone, cable, internet: $ 150
??Food, entertainment: $ 250
??Clothing, household expenses $ 150
??Credit cards and other loans: $ 100
??Other expenses: $

Q: what job/industry do you and your wife work in? thanks - shrewd-income

A: I do IT work for a taxi company and my wife is a professional seamstress, she works for a company that cleans and repairs firefighter gear. (Apr-07-2010)

Eco-friendly yoga mat inventory

Purpose of loan:
This loan will be used to buy new inventory for my company. Last year I achieved a phenomenal 564% growth in my second year of business. Gross sales were about $90,000, and I have had to turn down dozens of requests for these mats due to low stock availability. Please help me get more inventory so I can provide these wonderful yoga mats to a very appreciative customer base!

My financial situation:
I am a good candidate for this loan because I regularly do a brisk business. I was featured in Body+Soul magazine, Fitness Magazine, and the Wall Street Journal. I have done an excellent job of managing this business frugally and without entering into deep debt. In addition to my yoga mat business, I work as a freelance copywriter specializing in search engine optimization and social media. But things have been slow on the freelance side, hence the need for the loan.

Monthly net income: $2000-$4000

Monthly expenses: $
??Housing: $ 550
??Insurance: $ 0
??Car expenses: $80
??Utilities: $ 100
??Phone, cable, internet: $ 100
??Food, entertainment: $ 200
??Clothing, household expenses $ 50
??Credit cards and other loans: $ 300
??Other expenses: $ 100

WC for a Growing Architecture Firm

Purpose of loan:
A long established architecture firm is looking to ramp up production again. Proof of the economy returning is the fact that our phones are buzzing more so than in the last two years. The $5000 will be used for project acquisitions (marketing costs,) and working capital. Our firm specializes in custom residential architecture. We are very successful at what we do and have a passion for creating beautiful homes.

Our?financial situation:
Our Architecture firm has a nine year history of successful projects including many for prominent professionals. We have a high credit score and have never left a debt unpaid. Our relationship with our consultants and sub-contractors is solid. And our current project schedule is filling out ahead of predictions.

Our?financial situation:
Our Architecture firm has a nine year history of successful projects including many for prominent professionals. We have a high credit score and have never left a debt unpaid. Our relationship with our consultants and sub-contractors is solid. And our current project schedule is filling out ahead of predictions.

Helping my daughter drive 2 college

Purpose of loan:
This loan will be used to help my daughter buy a used auto from a private individual so she can drive to college this fall.?????

My financial situation:
I am a good candidate for this loan because I always pay promptly , have a secure job, good salary, and consider myself very responsible with my credit.

Good Credit Score

Purpose of loan:
I currently own two delivery routes at Fedex Ground.? I have a couple people doing the routes on a part time basis and I'll work 3-4 days a week.? This past winter I got my organic land care certification through NOFA and I currently have a few customers and equipment already.? I need more equipment and advertising money. I was in the landscaping buisness for about 20 years then pursude the year round?income through Fedex Ground where I've been currently working for 13 years.????

My financial situation:
I understand my credit cards limits are high at the moment because?I've been getting the organic lawn buisness going?though I never am late on a payment.? I gross aproximately?200,000 through Fedex alone and projecting to make 40-50 thousand this comming?year through the?landscaping buisness.? I own 2 delivery trucks, 1 that is paid a?2004 freightliner and 1 that will?be paid for in full in October and that is a 2006 frieghtliner.? Botht?are in good?shape.? ????

Monthly net income: $?
7000????????????
Monthly expenses: $?My wife pays all utilities and household expenses, food, car payment, insurance,?internet etc.

??Housing: $2660.00????

??Insurance: $?
??Car expenses: $Utilities: $
??Phone, cable, internet:???Food, entertainment: $?400??Clothing, household expenses $?200??Credit cards and other loans: $500
??Other expenses: $ 200

Q: If you make 200k a year with Fed-Ex, why do you only make 7k/month? - Jamahl

A: I have two employees. I also have 6 months of payments left on one of the trucks they use. After payroll and buisness expenses I have 7k. Fedex Ground is owner operated. I work a few days a week helping out the guys at Fedex the other days I have the organic lawn buisness which is doing well. (Apr-16-2010)

Q: Hi, Why is your credit score only 6? And what was the recent inquiry in recent 6 months? Will you do auto pay if you get this loan? Thanks, - p2ploan-sensation211

A: I'm not sure what the 6 means. I know my score is in the low 700's. My credit card balances are a bit high at the moment because I've been trying to start an organic lawn company (equipment, advertising etc), The inquiry was for a 16 foot enclosed trailer I purchased this past winter and are currently using for the lawn company. Yes, absolutely. I will be using auto pay for duration of this loan. Thank you (Apr-17-2010)

Debt Consolidation

Hello, I am looking to consolidate my debt so I can pay it off quicker and get away from these crazy rates that credit cards are now charging. I am a great candidate for this loan because I pay all of my bills. I have a great job in the IT field, have substantially increased my income for the last 10 years, and expect that increase to continue. My current annual income is 124K.?My payment will be automatically withdrawn from my bank account each month.?Thank you.

Q: Please list the balances, interest rates, and monthly payments of each of your debts, including mortgages. Thanks and best wishes. - reflective-rupee

A: Hello, Mortgage balance 300K payment $2,000.00 escrow included Citi-$11,000 balance, payment $350.00, 29.99% Chase $2,200 balance, payment $70, 29.99% closed account by me Capitol One balance $1,925, payment 61, 22% Dell balance $1,300, payment $41 23% closed by me Student loans- 25K payment $256 3% (my best interest rate =) No car payment ,I have paid both of those off (Apr-15-2010)

Q: Please indicate the current value of your home. Thanks - reflective-rupee

A: My current value would be around 310K, I would estimate it higher because we have finished the basement and put on a deck and finished the back yard, but our area has been hit hard with forclosures (Apr-15-2010)

Q: How did you build up this credit card debt? Thanks - reflective-rupee

A: Back in 2000 I was working for a start up company that went under with the dot com collapse. I was able to consult for about 2 years while I looked for permanent work. We found out my wife was pregnant with our second child (great timing) While I did pretty well consulting it was not enough to fully cover all of our bills so we did supplement with our credit cards. We have paid most of them off but about $12,000 is still with us. (Apr-15-2010)

Q: Please indicate your monthly net income and total monthly expenses. Thanks much - reflective-rupee

A: My monthly net income $7,316 124K annual Monthly expenses: Mortgage $2,000 auto insurance-$119 utilities-$275 cell, cable, internet $170 food $500 credit cards $550 student loan $250 gas-$200 other-$200 entertainment $200 (Apr-16-2010)

Q: See my page please. - Tono

A: My monthly net income is $7,316, my monthly expenses total is $4,464 (Apr-18-2010)

paying off hospital bill

Purpose of loan:
This loan will be used to?pay off the co pay on hospital bill?

My financial situation:
I am a good candidate for this loan because?i have a steady job and have paid off previous loan early i have no credit card debt?

Monthly net income: $ 3000.oo
Monthly expenses: $
??Housing: $ 600
??Insurance: $ 200
??Car expenses: $ 300
??Utilities: $
??Phone, cable, internet: $
??Food, entertainment: $
??Clothing, household expenses $
??Credit cards and other loans: $
??Other expenses: $

Q: Care to explain to delinquencies and the public records revealed by prosper? - jpblan11

A: i did have a bad time for a few years i paid and settled all of my creditcard debt i have no debt except for a car payment i am gainfully employed for the pas 23 years i have had to support my daughter and two grandchildren due to a dovorce she is now a nurse and on her own and i am enjoying watching her progress in her profession (Apr-18-2010)

Paying Down Credit Cards

Coming from a modest background, I was thrilled when I got my first credit card in college. Now I could buy all this really cool stuff! I started racking up debt then and didn?t really stop until a few years ago when I realized what an idiot I?d been. From an income perspective, I make a real good living now, but in reality, it?s all going right back out to the credit cards. My fault definitely, but I?m trying to figure out how to dig out of this hole I?ve put myself in. I actually owe a lot more than $5K, but this is my first loan request on Prosper, and I thought I would establish some 'credit' here before diving right in and asking for some huge amount. All this being said, even though my debt is high, I always make a payment. The problem is, usually the payment is just the minimum, which is never going to get me anywhere. I appreciate any help that anyone can give me. My hope is that I can get my debt paid off and then become a lender here and help others out who are in the same situation that I am in now. Thanks for your consideration.