New Equipment

Purpose of loan:
New Camera & Lamps

My financial situation:
Great?repay history?

Monthly net income: $ 2321.48

Monthly expenses: $ 1879.00
??Housing: $ 605.00
??Insurance: $ 84.92
??Car expenses: $ 231.90
??Utilities: $ 47.51
??Phone, cable, internet: $165.67
??Food, entertainment: $ 300.00
??Clothing, household expenses $ 100.00
??Credit cards and other loans: $ 344.00
??Other expenses: $

Q: Why do you need the camera and lamps? What is your source of income? Thanks. - interest88

A: Old camera and lights, its time to upgrade. I live on retirement and I`m still supporting the business with personial funds. (Jun-10-2010)

Paying off Credit Card

Purpose of loan:
This loan will be used to Pay off a part of a credit card and get work done around the house with spring.

The Card has a balance of $3800 with a interest rate of 29.99 percent a minimum payment of $125.00.

My financial situation:
I am a good candidate for this loan because?I have never missed a payment on any cards that I?now have.

Q: How did you build up so much revolving debt? Do you have a home equity loan? Thanks and best wishes. - reflective-rupee

A: Yes, it is a home equity loan that is closed but has a balance,. (May-24-2010)

Q: How much do you owe on your home equity line of credit? How much do you owe on your first mortgage? When did you buy your house? How much did you pay? How much is your home worth now? How did you build up the home equity line debt? Thanks - reflective-rupee

A: Hello, I owe 28k on the line of credit and 315 on my home, I have lived in our home for since 1998. we paid 150k and its worth 350 to 400k now. work on the house was the 95 percent of themoney spent. Hope this hits all your... (May-25-2010)

No more high-interest debt!

I've made it my goal to have no debt by June of 2011, and a big help to get to that goal is to lower the interest rates I'm paying on my current debt so more goes to principal.

My financial situation:
I am a good candidate for this loan because I have an income of $4,447.78/mo, after taxes. I can verify this with Prosper if there's a way to do that, or I can post a pay stub (blacking out vital personal details of course) so you can verify it for yourself.

Monthly net income: $ 4,447.78

Monthly expenses: $
Rent: $550
Car Insurance: $100
Car payment: $869.09
Gas: $175
Utilities: $150
Cell Phone: $75
Food, entertainment: $200
Credit cards and other loans: $1,243
Total: $ 3,362.09/mo

With my monthly income and expenses you can see that I have on average about $1,000/mo left over. I put almost all of that toward my debt each month. However, I have racked up quite some debt...currently down to $23,000...and it will still take me some time to pay off. As you can see I have no problem paying the bills I have, since I do have a high income and plenty of extra money each month, I just need to be able to lower my interest rate so I can pay it off quicker.

That's where you come in! After my calculations, a 12% interest rate would be lower than my current average interest rate (and lower than most of my current interest rates). That would allow me put more of that money into principal instead of interest, thereby lowering the amount of time it'll take to pay off. I have also used the system recommended by Quicken (which I keep track of on a more-than-daily basis) so that once I pay off one debt I use that payment for the next debt to pay the next one off quicker.

I will be glad to answer any questions you may have and I hope you take this opportunity to fund a no-riskborrower! Just look at my credit profile and ask the last lenders who gained 30% on my last Prosper-funded loan!

Summer Travel Plans

Debt Consolidation

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

My financial situation:
I am a good candidate for this loan because I have excellent credit and excellent job security.? (I work for the U.S. government.)? I have always been responsible with credit and am hoping to finally GET OUT OF DEBT.? The reason for my current debts is that until 2009 my husband and I had two mortgates and were unable to sell unwanted property.?? We were landlords, but we lost money and never made profit.? We sold at a tremendous loss. We are slowly rebuilding.? We hope to pay our smaller credit cards and then to work towards paying the larger ones.? We also need some cash for our expenses. A prosper loan will give us the start we need.

Q: FYI - You're much better off putting money towards the cards with the highest interest rate vs. the smallest balance. - Money_Hog

A: Thank you. I know that. I have considered both interest rates and size of debt. (Jun-03-2010)

My loan for an auto purchase

This borrower was not required to write a description based on the listing's likelihood to fund.

Invest in Big T Motorsports

Here's your chance to invest in an auto racing team. I have been racing for several years for other teams and have decided to become an owner-driver of my own team. I have invested a lot of my own money, but need a little bit more to keep me going on the track. I figured it would be better to try and borrow it from here than pay the high interest rates on credit cards.

My financial situation is highly stable, and my job security is very good being an active duty soldier in the U.S. Army. If you look at my credit profile you will notice that I do have 2 delinquencies in the last seven years. I would like to point out that I was going through a divorce at that time. Other than that time, I have always paid my bills on time.

Website Upgrade

Purpose of loan:
This loan will be used to fund a needed website enhancement to include many new products and information upgrades. This new website represents a cost savings to my business of approximately $250 per month from printing and mailing of literature that will no longer be necessary to send, since the website will have all the updated information, and accounts can have access immediately.

My financial situation:
I am a good candidate for this loan because I HAVE FULL-TIME EMPLOYMENT FOR THE SAME EMPLOYER FOR OVER 3 YEARS, AND I HAVE A PART TIME BUSINESS THAT IS STILL GROWING, even in this economy. Also, I have been a resident of Orange County, California for 28 years, and at the same residence in Garden Grove for the past 3+ years. I have family here, as my mother and sister live close by me, and my business, church and personal support group is here. I have had a high revolving balance due to start-up expenses for the business in 2006. Eventually, these will be brought down to lower levels.

Monthly net income: $2,600

Monthly expenses: $
Rent $450, Car loan $340.85, Revolving Debt $657, Car insurance $88, Gas $100, Food $150, Phone $58, Storage $164, Current Prosper Loan $190.57, Incidentals $50

Q: What is the business and can you share the website? - PrepWonder

A: www.tren.net - This business sells dietary supplements primarily to health food stores and alternative doctors. The website has not been updated since 2006. I have dropped the spa shoe line on the current site and gone strictly nutrition. The Everidis Health Sciences line, YES organic product line, and the new Hydrogen Water Stick information are not shown on the current site. The Nutraceutics info on the current site will get a solid face lift. (Jun-08-2010)

Q: Does your net income include profit from your business? Or is that just from your job? - interest88

A: Net income is only from my night job. The business is growing slowly, and needs the website upgrade to be able to market more effectively. (Jun-09-2010)

Payoff credit card debt

Purpose of loan:
This loan will be used to pay off credit card. I can afford the current payment but figured i would save money by getting a lower apr loan at prosper.

My financial situation:
I am a good candidate for this loan because i have not defaulted on any of my previous loans. I have been on my job for over 2 years. I am also pursuing my mba at pepperdine university right now and hoping to benefit from the economy recovery in a few years.

Paying off more high interest CCs

Purpose of loan:
This loan will be used to pay off some high interest credit cards.

My financial situation:
While I do have a lot of debt, I have steady employment and always pay on time. I have had great success with my first Prosper loan and I love the concept of regular people making money off the interest as opposed to the banks. I now understand how I got into this debt mess in the first place and I hope to leverage a Prosper loan to help get me out of the hole. Please consider funding my loan, we will both benefit in the long run !! Thank you.

PAINTING

Purpose of loan:
This loan will be used to?
PAINT THE HOUSE ON THE INSIDE AND OUTSIDE AND DO MINOR REPAIRS INSIDE.IN THE PROCESS OF BUYING HOUSE FROM OWNER.
My financial situation:
I am a good candidate for this loan because?
I HAVE WORKED FOR THE FEDERAL GOVERNMENT FOR OVER 27 YEARS AND HAVE PAID MY BILLS ON TIME.I HAVE REBUILT MY CREDIT SCORE AND CONTINUING TO DO SAME.
Monthly net income: $
3,575.00 ($1,787 EVERY 2 WEEKS)
Monthly expenses: $
??Housing: $ 175
??Insurance: $0
??Car expenses: $ 50
??Utilities: $ 110
??Phone, cable, internet: $ 95
??Food, entertainment: $ 100
??Clothing, household expenses $ 50
??Credit cards and other loans: $?700?(CAR-$400,MOTORCYCLE-$200,CREDIT CARDS (2)-$100)
??Other expenses: $ 0

Catching Up

Purpose of loan:
This loan will be used to consolidate and pay off 3 short-term "payday" loans that I had to take out to cover emergency family medical expenses.

My financial situation:
I am a good candidate for this loan because I have already successfully paid off one prosper loan, and have improved my credit score since that time. I also have a 22 year employment history at a very secure job.

Monthly net income: $ 2600

Monthly expenses: $
??Housing: $ 585
??Insurance: $ 128
??Car expenses: $ 388
??Utilities: $ 70
??Phone, cable, internet: $ 60
??Food, entertainment: $ 250
??Clothing, household expenses $ 100
??Credit cards and other loans: $ 200
??Other expenses: $ 100

Q: what kind of job do you have. Thanks and good luck - boodo

A: I work for the U.S. Postal service. I have been there almost 22 years. (Jun-09-2010)

Q: Hi give me a call if you get a chance 775 815 9031 thanks and good luck Boodo - boodo

A: Okay. I will do that. (Jun-09-2010)

Relist - Heat Pump

This loan will be used to purchase a new heat pump system for our home.? Our 20 year-old system is non-repairable and we must replace it. estimated cost is roughly $2900.?

Prosper was good to me on my first loan of $1,000 which I used to pay back taxes to the state of Arkansas.? I was hoping to keep them from putting a lien(s) on me for the debt.? Even though it was paid - I wasn't quick enough with the payment.? My prosper experience was excellent and I made sure I paid my debt in full as soon as possible.? The public records are the tax liens and my Ch. 13 bankruptcy. I filed Chapter 13 bankruptcy in July 2003. I chose to file bankruptcy because of unfortunate circumstances in employment that drastically impacted my finances.?? I satisfactorily completed the Chapter 13 bankruptcy in 36 months by paying twice the amount required by the court every month and was granted a discharge in September 2006.? Since my first prosper loan I have purchased a home (modest mortgage - 104,000 30 years at 5.5%)? and a car ($15,000 at almost 9%) and have made on time payments for 3 good years.? I don't have a large revolving credit line (due to my financial past)? and what I do have? - I used on a pet medical issue earlier this year.

I work for a local community college in communications and marketing - This school has seen excellent growth in the past 10 years and is largest community college in it's state.? My husband is a Sr. Audio Technician for a major maker of Live Audio Consoles (equipment used at large professional concert events) and is one of only two technicians in North America. His monthly net income is around 2,600.

Monthly net income: $ 4550

Monthly expenses: $
??Housing: $ 800
??Insurance: $ 257
??Car expenses: $ 400
??Utilities: $ 200
??Phone, cable, internet: $ 100
??Food, entertainment: $ 330
??Clothing, household expenses $ 100
??Credit cards and other loans: $ 200
??Other expenses: $ 700 (daycare for 2 kids)

Q: Day care expenses are expensive. When do you see some or all of the money freeing up? - pellet

A: In about a year - my oldest will start school in 2011. (Jun-10-2010)