Your Help Will be Most Appreciated!

Purpose of loan:
This loan will be used to?

The death of my father late last year, coupled with unexpected, expensive home and car repairs this year, has put me about $3000 in the red.

I would like very much to pay down escalating credit card debt and get caught up on a few bills before the holidays.

My financial situation:? I'm currently managing my bills and have a maintained a respectable?credit score.? This loan will help me improve my financial situation and increase my credit?score by helping me reduce and/or eliminate credit debt.

I am a good candidate for this loan because? I have steady employment (same Fortune 500 employer for past 8 years), and I have never been late on a prosper loan repayment.

Monthly net income: $ 3275

Monthly expenses: $
??Housing: $ 1800
??Insurance: $?75
??Car expenses: $425
??Utilities: $?55
??Phone, cable, internet: $?50
??Food, entertainment: $ 250
??Clothing, household expenses $75?
??Credit cards and other loans: $100?
??Other expenses: $ 70

Q: just put the answer in the Q&A box. good luck - Tono

A: Thank you. My total monthly expenses are about $2900, however, I will be reducing my entertainment expenses by about $100. And, if my loan is funded, I expect to further reduce monthly expenses by $150 to $200. Should you have any other questions or suggestions, please contact me right away! Best regards. (Aug-21-2010)

Loan to expand home therapy company

Purpose of loan:
This $15,000 loan will be used to cover expenses associated with the expansion of the company including funding marketing initiatives, buying new equipment, and, most importantly, hiring an additional physical therapist.

My Home Therapy Company:
Ayuda Rehab and Wellness, Inc (Ayuda) is a Chicago-based contract homecare therapy company that provides licensed physical, occupational and speech therapists to home health agencies. Our team of therapists provide skilled therapy services to those who are too sick or injured to leave their home. We are growing rapidly and are in the process of hiring one additional full-time physical therapist to meet the demand of our patient-referring, agency partners.

My financial situation:
I have personally invested over $70,000 into this company. We have a company car (Smart Car); 8 laptop computers, an online medical documentation system, as well as other business-related items. Three months ago, I took out a business loan from Citibank for $24,000 to consolidate debt, buy equipment, use as operating funds and hire a full-time physical therapist. I currently owe $22,298.56 on this loan and took advantage of an amazingly low interest rate of 0%, which ends in October of 2012. I plan to pay this off before the 0% interest rate changes. The monthly payments for this loan, which is my only outstanding personal loan, is $350/month.

Why I am an excellent candidate for this loan: I have never missed a payment or been late; I own a home; I have a solid savings; I have excellent credit score; the business has a gross profit margin of 30% and we are growing; I am a Prosper investor; and am married with two children. Also, I keep my expenses low and am able to save each month, which will enable me to payback this loan every month.


Monthly net income: $7240

Monthly expenses: $3875
??Mortgage and Taxes: $1,525
??Insurance: $315
? Gas: $175 ??
??Utilities: $225
??Phone, cable, internet: $210
??Groceries, meals, clothes: $425
? Credit card: $350
??Child care: $300
??Misc expenses: $350

Q: What does the Citibank interest rate change to in Oct 2012? Why not wait until closer to Oct 2012 to re-finance if the interest rate stays at 0% until then? Thanks and best wishes. - reflective-rupee

A: After October 2012, the Citibank interest rate will change to 23%. However, I will pay this loan off completely by October 2012 as I am paying interest and principle now. Thanks for the question. (Aug-25-2010)

Q: You withdrew a $10,000 funded loan at 11% - why? - Trakissta

A: Hello, Thanks for the question. With the last Prosper loan application that got funded, I learned that I should have selected ?employed and can not verify through documentation (W2 and paystub)? instead of selecting ?employed and can verify through documentation (W2 and paystub)?. As the owner, in the past, I have been paying myself through owner?s draw and did not have the documents Prosper requires to be in this category. Because of this, I withdrew the listing and relisted. (Aug-26-2010)

Help me Payoff Wells Fargo!

Purpose of loan:
Pay off a Wells Fargo Signature credit card because they decided to raise my rate to 24.99% because I pay my bills ontime and don't need a bailout. (I missed the letter informing me of the rate increase and they have refused to work with me.)

I want to be free of the debt to them and close the account. I've begged them to treat me fairly and give me a fair rate, but they refuse. I've been paying them $600.00 a month since,? (min. payment is about $400) but it's like running in quicksand! I want to cut my ties with them and I would rather let someone else get the interest. I will never do business with Wells Fargo ever again.

My financial situation:
I am a good candidate for this loan because?
I always pay my bills. I'm never late and I have a very secure job in Law Enforcement. (9 year veteran) I only quoted my base pay with no overtime, but I average about 10K a year in OT. I am working hard to get out of debt.

Q: How did you run up so much debt and how long have you had it? - MonkeyHero

A: Well, the short and honest answer is by being foolish. I started to run this card up from 2005 to 2008. I figured I could fund all of my home improvement projects on this card and then refinance and consolidate. Then the housing bubble burst and my houses value has slid ever since, making refinancing impossible. I've also been paying for my wife's school with it as well. That all ended last year and I've been dilligently attempting to pay my cards off. Most are paid and closed, except this 1! (Aug-29-2010)

Personal Loan

I am a college graduate with a degree in Political Science and Business Management. (I graduated High School and College with honors) I am currently in my 2nd year of Graduate School for a Master?s in Finance. I have two jobs; I am employed at the #1 Bank in the US (according to Forbes - 2009) and I also have a part time job at Aldo for supplemental income. I do not own a car and I take the bus everywhere, which keeps my expenses low.

The purpose of this loan is for personal use.

I currently have one other Prosper loan which was to consolidate my school loans and as you can see, I have never missed a payment. Since I work two jobs and I am a very diligent student, I am certain that I will be able to pay back this loan earlier than expected.

Vehicle for expanding family

Purpose of loan:
This loan will be used to purchase a used 7-passenger vehicle for my growing family. I currently have 2 kids from a prior marriage and I am currently with a woman who has 2 kids of her own and we are expecting a baby soon. We both currently have 5-passenger vehicles and there will soon be 7 of us, so we need something that we can all fit into.

My financial situation:

Assets:
Home - $185k (less $130k Mortgage**): $55,000
Car - 2004 Acura TL (free of any Liens): $14,000
Car - 1994 Toyota Camry (free of any Liens): $1,500
401(k): $19,000
Cash and Bank Accounts: $9,400
Total Assets: $98,900
** Mortgage is a 15 Year Fixed at 5.25% with 13 years remaining

Cash Flow:
Monthly Gross Income: $7,330
Monthly Net Income: $5,355
Monthly Expenses: $4,485
Housing: $1,600
Insurance: $100
Car Expense: $20
Utilities: $300
Phone, cable, internet: $240
Food, entertainment: $400
Clothing, household expenses: $100
Credit cards and other loans: $0
Private School: $490
Chapter 13 Plan Payment: $450
Alimony/Child Support: $785
Monthly Difference: $870

About my credit rating: I have had perfect credit for nearly 15 years - never missing a payment or defaulting on anything. In early 2009, however, I went through a divorce and it took a toll on me financially. By the time the year-long trial was over, it left me with more monthly expenses than income - beween the property settlement, alimony, and attorney fees. I had no choice but to file Chapter 13 bankruptcy. That is all settled now, and all I can do is try to rebuild my credit. I do not have any current delinquencies as indicated in my credit profile. That was all covered in bankruptcy and it just hasn't been updated yet.

I explain all that to say that I am not a risky investment as Prosper classifies me - I just hit a bump and I am over it now. Lesson learned: Prenuptial Agreement.

My Plan:
I plan to take $6,000 that I already have plus the proceeds of this loan and buy a vehicle (tax included). Immediately thereafter, I will list the Toyota Camry for sale and pay the proceeds toward this loan. That will leave only around $1,000 which I will have paid off no later than Christmas (hopefully Thanksgiving, though). If the Toyota doesn't sell - I will still be able to pay off the loan by the end of 2010. I am mainly looking to borrow $1,000 plus the anticipated $1,500 sale price of the Toyota Camry.

Q: Hi, your stats don't look too bad, but please explain all those DQs. thank you - Tono

A: I did explain it a little in my listing - in the "About my credit rating" section, but I'll elaborate a little. I used to think that anything my spouse did with her credit cards would only affect her as long as we had no joint accounts. That is only true until you go to divorce court and get ordered to take their debt becase you have the higher income. That's what happened to me. The amounts shown in DQ were covered by my bankruptcy and I have no current debt except mortgage. (Aug-30-2010)

Q: How much do you have invested in Prosper? - corporatejim

A: I invested $4,500 in 2008. Shortly after, the rules changed and people from Kansas were no longer allowed to invest new money, so I am down to about $600 now that will pay out in Q1 of 2011. (Aug-31-2010)

Q: If you have DK on your credit report they were not taken off by divorce court as we see them. Debts are not removed by a divorce court and creditors were not a party it. On another note, no idea how you were able to get your wife to sign a pre-nup. - nfx

A: My credit report was not tarnished until after I got divorced. I was assigned huge amounts of debt from my ex-wife in the property division and I balance transferred them into my name to get better rates, but by the time I paid my attorney and the alimony order was entered, I still had more expense than income, so I had to file BK. For the record, the court was not punishing me for anything. She was the one who cheated... Kansas is a no-fault state. (Sep-01-2010)

Finishing Basement

Purpose of loan:
This loan will be used to finish the renovation of our basement. I previously borrowed $6,000 on Prosper and paid it back in full (somewhat ahead of schedule). We originally borrowed the money for renovations after our basement flooded a couple years ago. I'd now like to upgrade the bathroom (just off the side of the basement) with some new fixtures.

My financial situation:
I am a good candidate for this loan because of my solid credit history (including paying back the previous Prosper loan in full).

Thanks for your consideration.

Paying off my credit card

Purpose of loan:
This loan will be used to pay down credit card debt. I hope to take advantage of a matching funds program offered by my credit card company for paying above the minimum payment amount.?

My financial situation:
I am a good candidate for this loan because I am a teacher who has been working steadily in the public school system for 2 years. I have incurred abnormal credit card debt due to an expensive apartment move. I generally carry no balance on my credit card and would like to pay down my debt so that I can begin saving for retirement.

Monthly net income: $
$2,120.00

Monthly expenses: $
??Housing: $ 1000
??Insurance: $ 64
??Car expenses: $ 0
??Utilities: $ 28
??Phone, cable, internet: $ 25
??Food, entertainment: $ 160
??Clothing, household expenses $ 200
??Credit cards and other loans: $ 130
??Other expenses: $

Thank you for your time.

debt and engagement ring

Purpose of loan:
This loan will be used to?
Consolidate my debt and purchase an engagement ring for my girlfriend.My financial situation: I have worked for the same company for nine years and our company continues to grow. Zero layoffs since the great recession began.I am a good candidate for this loan because? I have a 3 year old daughter and am saving to buy a house. I just would rather not tap into that money to purchase an engagement ring. I can afford new debt

Monthly net income: $ 3800
Monthly expenses: $ about $1700
??Housing: $ 550
??Insurance: $ 100
??Car expenses: $ 300
??Utilities: $ 75
??Phone, cable, internet: $ 75
??Food, entertainment: $ 100
??Clothing, household expenses $ 100
??Credit cards and other loans: $ 150
??Other expenses: $ 200

Q: So on your last listing, you listed $3500 in net income per month and now you're showing $3800 per month. Did you get a raise in the last week? - minnesotafinancial

A: Yes I did. I work for an office supply company( WB Mason). Our indusrty had a tough couple of years 2008-2009 and my company had a raise freeze on all salaried employees. Last week I learned i would be getting a $6,000 raise. $2,000 per year times 3.It will be in my paycheck starting friday september 3rd (Aug-31-2010)

.getting off pay day loans

Purpose of loan:
This loan will be used to??
pay off pay day loan for me and my wife and also a medical bill i recently incurred
My financial situation:
I am a good candidate for this loan because??
we have been working on getting back on our feet after a financial hardship caused by medical issue with our daughter. this resulted in the deliquencies sited above on my credit report. the one item still thier is being paid on by us currently. below is a 401k loan being paid on that was taken out three and a half years ago when my mom unexpectedly passed away. this will be paid off in january of next year. any expenses that my wife pays are listed as such below. your consideration on this loan is greatly appreciated.
Monthly net income: $
1750
Monthly expenses: $
??Housing: $ spouse pays? Insurance: $ 90???for medical insurance?????
??Car expenses: $ 310
??Utilities: $ 130
??Phone, cable, internet: $ 120
??Food, entertainment: $ 300
??Clothing, household expenses $ spouse pays
??Credit cards and other loans: $?spouse pays
??Other expenses: $ 400???? 401k loan will be paid off in january