Paying off High Interest and PDL
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | D | DTI: | 20% |
| Lender Rate: | 17% | Borrower: | SocialWorker73 |
| Finished | State: | IN | |
| Funded: | 100% | Group: | FUTURE FINANCIAL FREEDOM |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-04-18 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| Apr 18, 2007 | Current |
|
I am relisting after having listed in October of 2006. I took some advice given to me then and I have improved my situation. My former listing I was an "E" credit grade and now I am a "D" and my DTI is a little lower. I still have the two Capital One discharged accounts on my credit. They are accounts that I tried to pay on but because I could not keep up with all the late fees and other charges and had accrued them originally in a divorce three years ago and did not have the income to make the payments at the time, they were discharged. I assume they will be on my credit for many years. One piece of advice given to me last time was that I give back a TV I had via an RTO program. I did that and used that money to pay off a couple PDLs I had.I have one PDL left and I have a couple of credit cards with high interest rates and a Dell Account for my computer with a very high rate. It is a revolving account and I cannot seem to make a dent in it. Here is my picture: To pay off with Prosper loan: HSBC 1200.00 Dell 1800.00 Kohls 575.00 PDL 567.00 Credit One 500.00 There would be a couple hundred left that I would put in savings. I currently make $50,500 annually with a bring home (net) of approximately 2875.00/mo. My expenses are: Housing 650.00 (rent) Utilities (Phone, Internet, Gas, Water, Trash, Electric and Satellite) 350.00 (I split these) Van payment (2003 Pontiac Montana) 314.85 Dell 59.00/mo. PDL 134.00/mo. CC payments 120.00/mo. Daycare 500.00/mo. Groceries, gas, other living expenses: 350.00 The money I would save from paying the Prosper loan instead of the payments on the revolving accounts I can put into my savings. I appreciate your consideration in funding my loan. I welcome any and all questions. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 52997 | My pride Your portfolio | E | $5,000 @ 19% | Oct 25, 2006 | Expired |
| 232966 | Time to Refi, High Interest Goodbye | B | $15,000 @ 17% | Nov 16, 2007 | Expired |
| 237003 | Time to Refi, High Interest Goodbye | B | $10,000 @ 18% | Nov 25, 2007 | Expired |
| 336435 | Want to pay it all off in three years! | B | $19,000 @ 22% | May 21, 2008 | Withdrawn |
| 336485 | Want to pay it all off in three years! | B | $15,000 @ 25% | May 21, 2008 | Expired |
| 341005 | Paying off and building credit. | B | $17,000 @ 24% | May 29, 2008 | Expired |
| 345045 | DQ Wrong...Raised Credit Score, Relist Lower Amount | B | $12,500 @ 35% | Jun 05, 2008 | Expired |
| 349527 | DQ Wrong...Raised Credit Score, Relist Lower Amount | B | $12,500 @ 35% | Jun 12, 2008 | Withdrawn |
| 351222 | DQ Wrong...Raised Credit Score, Relist Lower Amount | B | $9,750 @ 33% | Jun 16, 2008 | Expired |
| 356435 | DQ Wrong...Raised Credit Score, Relist Lower Amount | B | $9,750 @ 35% | Jun 24, 2008 | Expired |
| 360919 | DQ Wrong...Last Relist, Lower Amount | B | $7,450 @ 25% | Jul 02, 2008 | Loan created |
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