Eric's Credit Community

About Me:

I?m a single 25 year old master automotive technician, with 8 years of experience.  I?ve been with my current dealership since we opened a little over a year ago.

Explanation of Bad Credit:

I?d like to have an acceptable reason for my bad credit but I don?t, Basically shortly after I turned 18 I was offered many forms of credit and I took advantage of most of them and eventually got myself in over my head.  Over the last 2 years I?ve gotten myself stabilized financially and have paid off almost off of my debt.  Now it?s time to start a history of good credit with your help, you won?t be disappointed. 

If my loan is filled I'll stay active in the Two Millionaires private forum for the life of the loan, to help encourage myself and other Two Millionaires graduates to never let their team down by being late with a payment. I am determined to SUCCEED this time!

What I Will Do With The Money Loaned To Me:

It will go into saving as my emergency fund, I?m mainly trying to establish a good payment history with this loan.

Here Are My Monthly Financial Details:

Net income after payroll deductions from all sources: $ 2400.00

Mortgage/Rent: $ 300.00
Phone: $ 120.00
Gas: $ Included in rent
Electricity & Water: $ 55.00
Car Operating Expenses: $ 200.00
Food: $ 200.00
Insurance: $ 80.00
Cable/Internet: $ 100.00
Clothing, expenses for children, etc. $ 100.00
-----------------------
Total Monthly Expenses : $ 1155.00

I will have $1245.00 left to make the payments on my Prosper loan.

Closing Remarks To Lenders:

As you can see, I am in a relatively good financial situation, and ready to get started on rebuilding my credit.  I promise you won?t be disappointed if you help fund my new start.