Eric's Credit Community

Hi - Thank you for looking at my listing.

My mother became ill about four months ago and I had to help with her expenses and deal with my own expenses at the same time.I had a little saved up that I was going to use to pay a charge off on a previous credit card but I quickly ran through that money .I make $640 a week before taxes and when my savings ran out I was using what I had left of my weekly pay,after paying my own bills,to help with my mothers expenses.As a result I fell more and more behind on my rent, car payment and all other bills and was forced to go to those payday loan centers.I new this would cause me a problem in the way of short term debt but I unfortunately had no choice.To make matters worse I had to replace the starter on my car which resulted in me having to get two loans to get it repaired in order for me to get to work.After about halfway through my mothers illness I found myself having to get yet more loans just to pay the finance fees on the previous loans.I currently have six outstanding loans just over $2600.I have been paying over $550 a month in refinance fees for the last two months and it has become imposable for me to get out of this situation without help.

I have always tried to be as financially responsible as possible over the years,however I have run into circumstances that have been less then perfect for my credit and finances.This is why I have a few charge offs and more delinquencies then I would like.This loan will be a very important step in getting my finances back in order.

I would use the Prosper Loan to pay off the following
Pay Day Loans:

Interim Cash Limited $260
Ameriloan $390
Loan Point USA $390
Money Mart $360
EZ Payday Loans $450
Continental Loans $760

Total amount fo debt to pay off $2610

I am currently employed at the fifth largest trucking company in America and have been employed there for about eight months.I was with my last employer for almost six years and the one before that just over three years.My only reason for leaving my last employer was for more income and my current employment situation is stable.I have begun to pursue a career in aviation and am anxious to begin attending collage but my financial situations has caused me to delay those plans for now.Once my current financial situation is remedied I plan to pursue my career plans again.

My current monthly income is $2220

Here's my monthly budget with the Prosper Loan in place:

Phone $30
Electric $60
Rent $515
Car Payment $390
Insurance $116
Food $150
Credit Cards $100
Fuel $40

Total:$1401

As you can see with just a little help,I have more than $819 left over to be used for savings and emergencies so that this situation dose not happen again.I promise that my payments to Prosper will be my top priority.

Thank you again for viewing my listing.