| 54734 |
Debt consolidation for on-time payer |
B4 |
$25,000 |
11.89% |
Aug 5, 2009 |
Current |
Due to a lack of personal finance education and exposure to poor financing skills growing up, I was easy prey for credit predators. I am devoted to becoming debt-free and can assure my lenders that I will pay on-time every time. I have never missed a payment during the last 16 years that I have had credit.
| 102376 |
Recycling Plant in East Africa |
C2 |
$25,000 |
10.59% |
Jul 19, 2007 |
Fully Paid |
In 2005, I came to Uganda on a Fulbright to do HIV research. I finished my project, went home, and decided to come back to build a recycling plant here, to kinda save Uganda from itself (garbage is a major problem here). So far, I've spent about $65,000 of my own money to buy machinery (from Taiwan), rent a factory site, and pay salaries for six workers, but would like to borrow $25,000 more for renovations to improve production capacity. (Namely, new roof, new concrete floor, new doors--to prevent stealing, and two locking shipping containers to store recycled material before it's sold.)
| 115363 |
refinancing credit cards |
G2 |
$25,000 |
16.91% |
Aug 10, 2007 |
Defaulted |
refinancing
| 115602 |
consolidate |
F2 |
$25,000 |
15.33% |
Aug 13, 2007 |
Defaulted |
consolidate
| 138767 |
Seasonal Cash Flow |
F2 |
$25,000 |
15.33% |
Oct 22, 2007 |
Defaulted |
Owner of CPA Firm with Seasonal Cash Flow need. Business is self sufficient with $500,000+ in annual billings. Would like to consolidate a few personal accounts to assist with the slow fourth quarter. Have less than perfect credit score from an unrelated business venture between 2001 and 2005. $90,000 in home equity that is restricted by bank covenant on business debt. Conventional financing, other than credit cards, is difficult with these historical circumstances. Also want to learn about this process for recommendation to clients.
| 142734 |
Help Fund My Home Web Business |
B2 |
$25,000 |
9.01% |
Nov 6, 2007 |
Fully Paid |
I currently own a portion of a web business that focuses on targeted advertising. I am seeking funding to increase my ownership in this business. The business was started six months ago and is thriving. The business plan layed out for this is very solid and is controlled by collegues that have extensive technical backgrounds. The other partners all have personal loans and are able to repay and contiually reinvest each month. I am seeking this loan to set up my finances for the rest of my life. Thank you for you consideration.
| 144635 |
Loan to consolidate credit card debt |
D4 |
$25,000 |
12.80% |
Nov 8, 2007 |
Defaulted |
This loan would be used to pay down credit card debt incurred over the last two years from starting and expanding our retail business.
| 145833 |
Retail Popcorn Store |
D3 |
$25,000 |
12.49% |
Nov 5, 2007 |
Defaulted |
I am in the process of opening a gourmet popcorn store in the Atlanta, GA area. I have the funding for the costs associated with opening the store, but I am in need of operating capital for the first 4 - 6 months. The financials show a high margin (72% - 85%) with a conservative monthly revenue ($12,000). Monthly costs run around $7,500 $8,000 a month. The retail location is in a high traffic area throughout the day and night. I have secured a favorable lease arrangement and supply costs are low. A 50# bag of popcorn costs $29.00, from which I can get 200+ servings at an average price of $4.50. That's $900 in revenue for a $29.00 cost. The overhead is low because one person can run the store efficently.
| 145878 |
Business Start-Up |
F4 |
$25,000 |
15.96% |
Nov 5, 2007 |
Current |
Requesting Business Start-Up Monies.
| 146671 |
Home Basement Completion Expense |
B4 |
$25,000 |
9.64% |
Nov 7, 2007 |
Fully Paid |
I recently finished the basement in my home using a combination of cash on hand and a home equity line of credit. I would like to use this loan to clear the home equity line (I prefer to not have a balance on this line as it is "interest only" and nice to have available for "peace of mind" in case of an emergency). I prefer the 36 month term loan structure to pay down this expense and restore solid equity in my home.
| 150964 |
Small business loan |
E3 |
$25,000 |
14.07% |
Nov 30, 2007 |
Current |
Small business loan for expansion of existing business.
| 152911 |
Debt Consolidation |
F5 |
$25,000 |
16.28% |
Nov 20, 2007 |
Defaulted |
60 month repayment term personal loan up to $25000
| 157130 |
Webmedrecords Inc |
D5 |
$25,000 |
13.12% |
Dec 3, 2007 |
Defaulted |
Loan is to practicing physician starting a new ecommerce healthcare website. The website is under constuction and expected to be completed in the next 30 days. Money is to be used for marketing and advertising for the business. Revenue from the business is expected to be >$300,000 per year.
| 157169 |
Purchasing a Vacant Lot near Disney |
B2 |
$25,000 |
9.01% |
Nov 30, 2007 |
Defaulted |
Loan needed to purchase a vacant lot near Disney World in Orlando. This will be a cash purchase, but will need to borrow the additional money to complete the purchase. We are a builder and will be building a home on the lot.
| 168222 |
Finish Land Improvements - Well needed |
D1 |
$25,000 |
11.86% |
Dec 12, 2007 |
Fully Paid |
Need loan to drill well on 20 acres of recreational property in N.AZ. Originally had 30 acres and drilled well on the 10ac property and sold four 2.5ac parcels. I have invested over $200K cash in property and need well to finish and sell off. The remaining 20ac are worth $300K with the water. Hard to sell without H2O! Spouse employed as RN and earns $4,000 month. I own a franchise that generates $20K a month in revenues. We both have very good credit and payment history. I am a CPA and have been an accountant for 20 years. Just don't want to go through banks or hit the credit cards for this.
| 169240 |
cash needs |
F1 |
$25,000 |
15.01% |
Dec 14, 2007 |
Defaulted |
pay off open credit cards and debt
| 176633 |
Medical ecommerce site |
E2 |
$25,000 |
13.75% |
Dec 18, 2007 |
Defaulted |
Loan is for start up costs for a medical ecommerce business. The Beta group of the site is expected to go live on Frid. Dec, 21, 2007 This is the second $25,000 loan request for the business. The first loan was granted based on income verification and interested investors on Lending Club. I am asking for the funds from members of Lending Club because I do not have the time or patience as a practicing physician to request a more traditional business loan. Thank you for your consideration.
| 176995 |
Business Purchase |
E4 |
$25,000 |
14.38% |
Dec 19, 2007 |
Defaulted |
I will be using the funds to purchase a small air charter company here in Colorado. The company has the necessary government certification to fly charter. To get this from scratch would take 2 years or more. I am a seasoned aviation and business professional and have a strong business model to take the business to the next level.
| 178857 |
Grand Opening |
B5 |
$25,000 |
9.96% |
Dec 24, 2007 |
Fully Paid |
I have opened my own company.
| 178977 |
dvd vending machine |
B4 |
$25,000 |
9.64% |
Jan 22, 2008 |
Defaulted |
I am requesting loan to finance a business that I was trying to start. It's a dvd vending machine that I can put to other business premises.
| 179897 |
Seeking small business start-up funds. |
D3 |
$25,000 |
12.49% |
Dec 21, 2007 |
Current |
The purpose of the loan is to finance the first year of growth for my start-up limited liability company (LLC), Empire State Chassis & Fabrication. Specifically, the funding will allow Empire State Chassis & Fabrication to lease a building, purchase raw materials, manufacturing equipment, office equipment, office supplies and initial inventory. Additionally, the funding will allow Empire State Chassis & Fabrication to expand its marketing effort which will enable it to boost its customer base. Empire State Chassis & Fabrication constructs, restores, buys and sells world class street rods, hot rods, race cars, muscle cars, collector cars, custom late model street machines and parts to a local and national market. If funded, monthly expenses will include loan repayment, lease payment, utilities, selling, general and administrative expenses.
| 180675 |
Debt Consolidation |
C3 |
$25,000 |
10.91% |
Dec 24, 2007 |
Defaulted |
Consolidate credit cards and auto loan into one loan to payoff in a fixed term and eliminate debt.
| 182845 |
Educational/Business Debt Consolidation |
B4 |
$25,000 |
9.64% |
Dec 21, 2007 |
Fully Paid |
Looking to consolidate some credit card debt and pay off my loans quicker. I would like to payoff my loan in less than 3 years with the best interest rate I can find. The debt comes from helping me graduate from Indiana University and helping me start a small business as a Videographer.
| 184296 |
Year 1 $250,000 |
B3 |
$25,000 |
9.33% |
Dec 27, 2007 |
Defaulted |
www.music-housecalls.com--The Amadeus Home Music School will be using the loan to expand our Home Music Lesson business which currently has 250 instructors in 17 states. The expansion will be to add Ontario and other states within the United States of America. This will assist us in paying our first few months of Google charges. With Google we have generated a 5 to 1 return. Our web presence is at the top of Google, Yahoo and MSN in the sponsored links. Please take a look at our work and consider funding our expansion.
| 187383 |
Would like to avoid refinancing my home. |
G5 |
$25,000 |
17.86% |
Dec 26, 2007 |
Defaulted |
I would like to have more money for a home renovation project currently in progress on my personal home. I currently have another home for sale that was an investment property. I have a lot of money coming from the investment property when it sells, but everywhere I have applied for a loan wants to refinance the first trust deed as opposed to placing a second trust deed on the property. Because I only need $20,000 more for this project, I don't want to pay the fee's involved with refinancing either of my properties. To refinance the whole loan on either home would cost me thousands in fee's.
| 187671 |
WANT TO BORROW MONEY TO GROW BUSINESS |
E5 |
$25,000 |
14.70% |
Dec 26, 2007 |
Defaulted |
I graduated from the University of California at Berkeley and earned an M.B.A. at the University of Phoenix. I did additional graduate work at the University of California at Santa Barbara and also attended Stanford University on a fellowship. I have worked as an executive in the life sciences and high-tech industries and have also taught at local universities. As a professional, I have a proven track record. I co-founded a biotechnology company in a two-car garage, merged it with a larger firm, took the resulting company public and finally sold it to a major pharmaceutical company. Recently, I have been working as a business development consultant for the biotechnology and high-tech industries and would like to expand my consulting business, which focuses on using intelligent systems to help businesses gain a competitive advantage. I seek a loan to avoid taping my investment account or personal savings. I will use the loan to purchase some additional business development tools such as upgraded software and hardware for my computer systems. Further, I wish to enroll in some educational programs so that I may take my business to a higher level.
| 190846 |
Home Remodel |
E2 |
$25,000 |
13.75% |
Jan 4, 2008 |
Defaulted |
To remodel kitchens and bathrooms.
| 203367 |
Reducing my Credit Card APR |
F2 |
$25,000 |
15.83% |
Jan 11, 2008 |
Current |
I have high interest credit cards. I would like to reduce the overall average APR by getting a better rate by LendingClub
| 203998 |
PURCHASE MULTI FAMILY APARTMENT |
D5 |
$25,000 |
13.62% |
Jan 14, 2008 |
Defaulted |
I AM ACTIVE REAL ESTATE INVESTOR WHO OWN AND MANAGE MULTI FAMILY APARTMENTS BUILDING IN DIFFERENT LOCATIONS AND FEW MORE ARE UNDER PURCHASE & SALE CONTRACT. THIS LOAN IS TO HELP ME FOR THE DOWN PAYMENTS. I WOULD LIKE TO THANK ANYONE IN ADVENCE WHO PLACE THIER INVESTMENT IN MY INCOME PRODUCING PROPERTIES. YOUR INVESTMENT IS VERY SECURED. I KEPT AA SCORE GRADE. ALWAYS PAY ON TIME AND NEVER HAD ANY DELIQUENCY. CURRENTLY OWN: ______________ 2 UNITS APARTMENT = $1700. X 12 = $20,400. YR 5 UNITS APARTMENT = $4300. X 12 = $51,600. YR MORTGAGES/TAX/INS= $4650. X 12 = $55,800. YR NET INCOME = $16,200 YR UNDER CONTRACT: $775,000.00 _________________________ 27 UNITS RENTALS = $215,000. YR MORTAGE/TAX/INS = $132,000. YR NET INCOME = $ 83,000. YR
| 211048 |
personal |
F2 |
$25,000 |
15.83% |
Jan 18, 2008 |
Defaulted |
To pay off credit card debt and consolidate bills.
| 214572 |
Oil & Gas Investment |
B2 |
$25,000 |
9.51% |
Jan 22, 2008 |
Fully Paid |
I need to finance the acquisition of two oil wells which are currently in production. The payback period is expected to be less than five years, but will have positive operating cash flows. The company can pledge the investment and royalty payments as security for the loan.
| 217413 |
Grand opening |
C1 |
$25,000 |
10.78% |
Jan 28, 2008 |
Current |
I have opened my own importing and exporting company and am requesting funds to help my company grow. As a new company I have acquired many expenses in which your funding can greatly help me.
| 224381 |
Consolidate Credit Card Debt |
F3 |
$25,000 |
16.15% |
Jan 28, 2008 |
Late (31-120 days) |
We seek to consolidate high credit card debt, which was used for education (kids in college) and other personal expenses. If granted a loan, we will use it strictly to pay off the credit card debt.
| 229930 |
Consolidate and Elinate Debt Forever |
C2 |
$25,000 |
11.09% |
Jan 28, 2008 |
Fully Paid |
We have previously lived strictly but due to medical bills (even after copay), getting our older kids started with a car and college (we aren't a shopping family that blows money) - we ended up using our credit cards as our emergency funds. Our income did not match it after it got beyond us and we ended up in debt. We went to Dave Ramsey's Financial Peace University and ended up even leading a class helping others to get out of debt and live debt-free as we are in the middle of doing. We have had NO credit cards (we stopped using them long ago and then cut them up). We work two jobs each bringing in now around $90K a year. We live on a budget and cash envelope system. We make timely payments always on our things (as my credit report will show). Our credit rating is 720 even after all this. We have added $0 to our debt in the same time period as well! Though our debt is larger than that we have been paying on, with this loan we would pay off at least one high-interest credit card (we already cut up long ago) and much of a smaller Home Equity loan. This would bring our number of loans to pay off debt down to two eventually, have a lower interest rate over all, and lower monthly payment - also it would enable us to possibly be in a position to pay off more rapidly the remaining balance on the Home Equity loan. We have lived on budget, faith, hard work for a year and we are going to kill the debt as we remain on this path. Our older daughters are also on their own cash envelope system and do not have credit cards, using the Dave Ramsey system as well - they work jobs and pay for much of their own things so we all add no debt. Our other child is under 13. We are in good health, pay for good medical insurance, and life insurance and live healthy (no smokers and no alcohol and no gambling or other vices). Thank you for considering our family for this loan. It will be a huge part of paying off the high-interest loans and reduce the overall interest and payments to eventually being debt free.
| 232302 |
Business 10 Yrs in biz - happyballs.com |
B3 |
$25,000 |
9.83% |
Jan 29, 2008 |
Current |
Hello, I own a company that makes Antenna Balls. (Things you put on your car antenna) I've owned this company for 10 years and need some capital for some new designs and display boxes. I can easily get a loan at a bank....but who likes banks?? Plus, I love Internet companies and would like to support new ideas. I have great credit and can pay the money back! To learn more about our business model, please visit www.happyballs.com Best regards, Jeremy www.HappyBalls.com
| 232488 |
Home improvement loan one. |
B5 |
$25,000 |
10.46% |
Jan 29, 2008 |
Current |
3-year loan for home improvement.
| 240835 |
CC Consolidation |
E1 |
$25,000 |
13.93% |
Feb 5, 2008 |
Current |
Need to consolidate high interest credit card debt obtained while in medical school and residency.
| 240974 |
credit card pay off |
D2 |
$25,000 |
12.67% |
Feb 6, 2008 |
Current |
I am looking to pay off all my credit cards and close the accounts
| 242805 |
Relaxation Spa Investment |
B5 |
$25,000 |
10.71% |
Feb 6, 2008 |
Defaulted |
Purpose of loan: Building a Relaxation Spa with my business partners. My financial situation: I have a full time job as a finacial consultant with a well funded company. My living expenses are well below my total income and my investment in this business venture will only go to strengthen my financial position. I have never been late on one payment in 10 years since I first established my credit. The financial risk of this investment is limited to my investment of $25,000 and the rest of the financing is in place from the other partners so that the certainty that the project will reach completion is already assured. The return on investment is projected to be 9% in the first year after my debt serrvice but jumps to 12%-15% in the second and third years. Since this is a long term investment the negative return for the first few years is justified as it will be positive once the loan is repaid. Also, t he probability of additonal sites opening and being funded by the existing operations will increase the future returns and more than be worth the tax deductible interest for this loan that I am asking you to fund. Thank you in advance for reading this and helping me with this project. Monthly net income: $ 7,900 Monthly expenses: Housing: $ 1.825 Insurance: $ 120 Car expenses: $600 Utilities: $ 55 Phone, cable, internet: $40 Food, entertainment: $ 200 Clothing, household expenses $250 Credit cards and other loans: $ 1000 Other expenses: $ 400 Excess income over expenses = $3,410 This will be more than enough to both pay the loan and leave some for savings and emergencies.
| 242839 |
Start up business fund |
B3 |
$25,000 |
10.08% |
Feb 22, 2008 |
Fully Paid |
This loan request is to fund my start up business.
| 243046 |
debt consolidation |
D2 |
$25,000 |
12.92% |
Feb 7, 2008 |
Defaulted |
I would like to get rid of my high interest credit cards and buy a home
| 245586 |
looking foward to expand |
D5 |
$25,000 |
13.87% |
Feb 14, 2008 |
Defaulted |
Welcome and thank you for your inquiry, My Name is Juan and a year ago my uncle (a contractor) was having a slump with out any business he asked me if i knew anything about the internet and how to get leads. We started looking a ServiceMagic.com and found it to be way to expensive and the leads where given not just to him but every contractor in the area. So by the time he called around the customer was just aggravated from to many calls. I took upon a task to built him a simple website that would get him the leads, but we notice this was not making any progress so i started to research how internet works and found google, yahoo and msn have great marketing and advertising tools that help out small business but although it was effective we found it to be expensive. I then realized a term called SEO/SEM (Search Engine Optimization/Search Engine Marketing) six months later after a few classes and plenty of research and books i was able get him top rankings for contractors in his area of business, best of all the website was getting natural ads in google, yahoo and msn top ten ads on those three search engines is tuff you not only need to be established but you have to be loud on the internet!! So we did it and he started getting his first 1-3calls a day then we turned to 5-10 and now we get roughly 7-15 calls but my avg is 7 calls during winter season when trees, fences and roofs have plenty of accidents and problems. We have yet to experience a summer but i could only imagine. My uncle and i agreed $10.00 a call was fair weather or not the job got done. He then referred a friend of his with a Janitorial Company and the model works for his business as well, so i decide to offer this great tool to other small business in the area. A bit hesitant to the new idea a lot of business turned me down but that didn't stop my persistence, so i offered the service Free for the first month. Yes I told them i would help your business succeed as long as you give me the chance to show you what i could do. After adding 4 more clients i found myself, not only creating and maintaining the websites but also doing the marking on a daily basis for all 6 clients this included taking the initial call, tracking the calls, invoicing my clients, and lots of other business administration stuff that took a regular 12-15hr days after six months i noticed my health and wife were really getting sick of a workaholic so, I recently started looking for software that would do most of the marketing for me and i also found a outsourcing company that would take the calls, track the calls and best yet invoice my clients. I also need to higher a accountant, My focus will be in getting more clients and i found that to be easy with my 30 day free trial period with no risk to a small business. This loan will go along way and i am currently taking Video classes to help our clients get there message across to there customers. best wishes to all,
| 245611 |
Consolidate Debt and Fully Fund SEP IRA |
C1 |
$25,000 |
11.03% |
Feb 4, 2008 |
Late (31-120 days) |
I have a 0% balance transfer offer that is expiring soon. In addition I want to fully fund my SEP IRA account for the pretax savings.
| 246799 |
personal loan |
D4 |
$25,000 |
13.55% |
Feb 28, 2008 |
Current |
personal loan/line of credit
| 249164 |
Captial Financing |
B3 |
$25,000 |
10.08% |
Feb 29, 2008 |
Current |
My family need this money for a new addition to the house for a new baby.
| 249955 |
Wedding Exp. |
E1 |
$25,000 |
14.18% |
Mar 5, 2008 |
Defaulted |
need about $25k for my wedding... can pay as soon as in 3 months or 12 months.
| 250752 |
Equipment purchase for business |
D5 |
$25,000 |
13.87% |
Feb 19, 2008 |
Defaulted |
This loan will be used to purchase additional high speed printers for my expanding consulting software business. We're specialized in providing advance automation software for small to medium printing companies.
| 255150 |
Paying off Credit Card balances |
C3 |
$25,000 |
11.66% |
Feb 22, 2008 |
Current |
Purpose of loan: I will be using the loan to pay off my credit card balances which have a very high interest rate (3 cards ranging from 18%-25%). This will also help me consolidate my debt into one single monthly payment which would enable me to pay off my debt faster and more efficiently. My financial situation: I work for one of the biggest investment banks in the country and have a great job in the financial field. I make a good salary and have always been promt in paying my bills. Also, my year end bonus should should help me considerably in paying off the loan even earlier than 3 years. I have never been late in making any payments or bills and do not owe any other form of debt except my credit cards. Although my credit score is lower, I assure you that it is purely due to the fact that I do not have sufficient credit history and do not own a home. I am a good tax paying, law abiding resident of New York City.
| 256365 |
Payoff Credit Card |
B5 |
$25,000 |
10.71% |
Mar 13, 2008 |
Defaulted |
My credit card rate is high. I want to pay interest only.
| 259032 |
Building Apartments |
B2 |
$25,000 |
9.76% |
Feb 26, 2008 |
Current |
I have just finished with the construction of a 43 unit apartment complex. I need to buy appliances for them. Total cost of about 45K. Looking for a good rate on half of the purchase. I have excellent credit and a proven track record in the apartment business. I am a die hard gamecock fan! This is a loan I can pay back over 24 months according to the pro-forma i ran on the apartments.
