p2p lending at lending club
Single Mom In Need of Support
Homeownership Verified

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Listing Information
Amount: $10,000.00 Status: Loan created
Grade: C DTI: 26%
Lender Rate: 15% Borrower: mikid6
Time Left: Finished State: IL
Funded: 100% Group: (No Group)
Loan Information
Loan Status: 4+ months late Origination Date: 2007-05-08 EricsCC ROI: -51%
Status History
May 09, 2007 Current
Dec 24, 2007 Late
Jan 09, 2008 1 month late
Jan 16, 2008 Current
Mar 23, 2008 Late
Apr 09, 2008 1 month late
May 09, 2008 2 months late
Jun 10, 2008 3 months late
Jun 12, 2008 2 months late
Jul 09, 2008 3 months late
Aug 09, 2008 4+ months late
Purpose of loan: I have been a single mom for 10 years.  I have a wonderful 13 year old son and 10 year old daughter.  I became a single mom, full time student and full time employee all at once.  I have been very fortunate through hard work and perserverance to achieve the American dream.  My children are wonderful, bright, articulate, charming and respectful.  I have been able to raise my children,  work and put myself through school all at the same time.  Unfortunately, the more my income has increased the less I have been able to receive in tuition assistance .  My son has a 7th grade trip to Newfoundland and I am completing my degree in June although I can not register for my last 2 classes due to a tuition balance.  These 2 events are very important to me and a loan would make both of them possible as well as pay off some credit card debt. 

Most importantly my son is looking forward to this trip with his peers and he has been such an inspiration to me that I do not want to dissappoint him, he deserves it.  

My financial situation: I have been in the financial industry for the last 10 years and I understand the importance of repaying debts.  I have been able to maintain my finances and manage my debts.  I will make sure to always maintain my debts in a responsible manner.

My monthly budget:
Mortgage/rent: $1293 & 417Insurance: $90Car expenses: $590Utilities: $125Phone, cable, internet: $125Food, entertainment: $100Clothing, household expenses $50Credit cards and other loan payments: $550Other expenses:  Total monthly expenses: $3340

My total mnthly income is roughly $7500 which leaves me enough income to pay my prosper loan as well.

Thanks so much for your time and consideration.

Warm Regards,

Super Single Mom in the Making 
Borrower's Other Listings
122169 single wkng mom/student sending son on Newfoundland trip C $10,000 @ 8% Apr 11, 2007 Expired

 

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