Paying Off High Interest Credit Card-No Late Payments Ever
| Listing Information | |||
|---|---|---|---|
| Amount: | $4,500.00 | Status: | Loan created |
| Grade: | D | DTI: | 30% |
| Lender Rate: | 14% | Borrower: | Workaholic111 |
| Finished | State: | WI | |
| Funded: | 100% | Group: | closed12345 |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-03-06 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Mar 03, 2007 | Current |
| Apr 01, 2008 | Payoff in progress |
| Apr 04, 2008 | Paid |
|
Thank you for considering my loan! I am a single, 24 year old business professional in need of paying off a high interest rate credit card. I have been working full-time since 2004 after obtaining my Business Finance degree, and am now in a great position to pay off my remaining debt and start Graduate School this summer. To give a little background on my credit rating; during college I maxed out a couple of credit cards, while attempting to start a fundraising business for non-profit organizations. It didn't go quite the way I had once planned. On the bright side, I've never missed a payment, and have no delinquencies on my credit report. I will admit that I do have a high amount of debt, but I make enough money now to manage it and pay it off. I earn just over $40,000 and also receive a year end bonus that will range between $2,000-$3,000. After taxes I take home roughly $2,600 and have a little under $2,000 a month in expenses. With this prosper loan, I'll be able to pay off my last high interest rate credit card and have more than enough money left over to pay my loan off efficiently and on time! I am a very low risk applicant. Please have faith in me for I have always been able to pay my bills on time. A quick monthly breakdown: Rent: $600 Utilities/Cable/Internet: $125 Car/Insurance/Gas: $250 Cell Phone: $65 Food: $250 Citi Bank Card (24.99% with a $4,500 balance): $150 This is what I'll be paying off with my Prosper Loan! Elan Card (17.99% with a $9,800 balance): $280 Wells Fargo Credit Card for my Furniture (0% for the next 4 years with a $3,500 balance): $100 Bank One-Joint with my parents (2.99% for the life of the $13,000 balance): I pay $175 and my Mother pays $175. Total Monthly Expenses: $1,995 Total Montly Take Home Pay: $2,600 Thank you very much for your time and consideration! |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 93433 | Starting Graduate School - Fresh Start | D | $20,000 @ 17% | Feb 05, 2007 | Withdrawn |
| 93707 | Consolidating Credit Card-No Late Payments-EVER | D | $10,000 @ 17% | Feb 05, 2007 | Expired |
| 99141 | Consolidating into One Easy Payment | D | $8,500 @ 17% | Feb 13, 2007 | Withdrawn |
| 244968 | Paying Off High Interest Credit Card-No Late Payments Ever | B | $2,000 @ 11% | Dec 05, 2007 | Loan created |
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