Auto repair and Debt reduction.

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Listing Information
Amount: $6,001.00 Status: Loan created
Grade: D DTI: 19%
Lender Rate: 18% Borrower: t2k
Time Left: Finished State: MD
Funded: 100% Group: Lend2's Group
Loan Information
Loan Status: Default Origination Date: 2007-04-03 EricsCC ROI: -77%
Status History
Apr 03, 2007 Current
Jun 18, 2007 Late
Jul 05, 2007 1 month late
Aug 04, 2007 2 months late
Sep 04, 2007 3 months late
Oct 04, 2007 4+ months late
Dec 28, 2007 Default
Hello thanks for viewing.

11 DQ's in past 7 years.   - I filed Bankruptcy in Jan. 2005.
1 PR is the Bankruptcy  - which I filed because I had moved from several states due to job and several credit lines got behind I couldn't seem to catch them up. However, I have learned to keep my finances in order and have several credit cards and an auto loan paid on time as well as utilities and rent.

As you can see I do have a couple of  inquries as I was recently car shopping but have decided to just repair the car for now- Its cheaper that way.

I would eventually like to invest into Prosper and paying this loan would top priority for me.
Unfortunately my state min loan is $6001.


Monthly income is  2287 NET (I recently took a part-time job)
Rent- 400 ( I recently got a room-mate )
food-175
gas-80
credit cards -100
Auto- 247
ins-160 (increased coverage)
Utilities, water, elec, cable-125 (split with room-mate)
Misc.-  200
Monthly balance- $697 left over monthly before loan

What I will do with the Prosper Loan of 5880:
Capital One  Bank- 769 pay off but not closing - 22.99% int
Auto loan- 2856.36 -24% int
Auto Repair-816.00
Tires for Auto- 489.00

Monthly balance left over after loan $915 - no credit card payments - no auto loan payment, all else stays the same.

Please ask if you have any questions and Thank you for bidding.
Borrower's Other Listings
81983 Pay off Credit Cards and Auto Loan HR $6,001 @ 23% Jan 06, 2007 Expired
84450 Relisted*Pay off Credit Cards and Auto Loan HR $6,001 @ 22% Jan 12, 2007 Expired
106561 Paying off credit card and other debt HR $6,001 @ 22% Mar 05, 2007 Expired

 

Discussion For This Listing
View Recently Discussed Listings »
Mon, May 7, 2007
First payment is coming up late.
Tue, June 19, 2007
First payment finally came through, but is now officially late with the second payment.
Thu, July 12, 2007
Talked a great game, made the first and only payment late. Collections has it, and I'll bet this never goes current. If it does, I'll feel better about helping working class folks like I used to be.
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