To catch up on bills and Get side buisness going
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|Funded:||100%||Group:||Small Business & Self Employed|
|Loan Status:||Default||Origination Date:||2007-03-14||EricsCC ROI:||-36%|
|Mar 14, 2007||Current|
|Mar 29, 2008||Late|
|Apr 16, 2008||1 month late|
|May 24, 2008||2 months late|
|Jun 15, 2008||3 months late|
|Jul 15, 2008||4+ months late|
|Dec 29, 2008||Default|
I?m 31 years old, recently divorced, and a single dad. My divorce has left me with some unpaid bills that I would like to get rid of. I?ve been able to stay on top of them but there is no money left to put away for other things I want to do in my life.
I have worked as a Jaguar technician for over 6 years now. I am ASE master certified, Jaguar Gold certified and have over 15 years automotive experience. I work on the side to make extra income. I specialize in high quality custom work and fabrication. Most of my work is performed on cars built in 1964 and older.
My intentions for this loan is to pay off approximately $11,600 in dept. This includes student loans ($8500), credit card ($600), money owed to the IRS($1500) and some small miscellaneous bills ($1000).
I will use the rest of this loan to grow my side business. I will focus on increasing my clientele by getting my name to more people in my region. I will finish a long term project of mine that will showcase my high level of craftsmanship. The project involves a highly customized 1964 Ford F100. I will take this truck to every car show in the region to use as a advertising tool. I will use a portion of the money for getting a business license and some will be used to acquire some tools I need to expand my business. Once my side business has grown enough, I will start my own shop and work full time doing what I love.
|Borrower's Other Listings|
|101010||Need to catch up on some bills and get side buisness going||C||$18,000 @ 15%||Feb 18, 2007||Withdrawn|
|101022||To catch up on bills and Get side buisness going||C||$18,000 @ 15%||Feb 18, 2007||Withdrawn|
|101958||To catch up on bills and Get side buisness going||C||$18,000 @ 19%||Feb 21, 2007||Withdrawn|