"Vetted" Good Guy paying off old taxes to the I.R.S.
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|Loan Status:||Paid||Origination Date:||2007-05-04||EricsCC ROI:||20%|
|May 04, 2007||Current|
|Aug 19, 2007||Late|
|Aug 31, 2007||Current|
|May 20, 2010||Late|
|Jun 08, 2010||Paid|
To all possible lenders:
Please note that my documents have been vetted by my GL and are available for lender review at:
I'm a 30 yr old male currently living in Austin, TX. I am a hard working, honest individual with some past credit blemishes from living in NYC. Austin has improved my financial situation drastically and my mental and physical well-being has improved as well. Moving to Austin has to be one of the best moves I've ever made.
Purpose of loan:
The money requested will be used to pay off additional state taxes owed from 2003. I was caught off guard from a letter this week from NY State stating that I owed additional taxes. This was due to hiring a bad accountant in 2004. I found out he got his license pulled and I now owe $2,200 by April 30th. This is in addition to Federal taxes from the same year I have been paying off in a payment plan. My total tax liability is $4,200. I have $1,200 that I can put towards paying this balance off and need the additional $3,000 requested to cover the rest. I would rather pay the prosper loan than the penalties and interest the I.R.S. charges.
My financial situation:
Even though my credit rating is listed as High Risk, I would like to point out that the only major outstanding debt on my credit report is for a consolidated student loan of $11,000. I have 12 accounts listed on my credit report and 7 of these are from student loans that have been consolidated several times. The majority of the 59 negatives on my credit file are from these past student loan lates.
I also have 2 judgments listed on my credit report. The first one is set to come off in 6 months. The other one was disputed and never removed is 5 years old. I also have one collection that is set to come off in 5 months.
As you can see I have no recent items that are public records or collections.
Only time can improve my credit score now.
I am in much better shape since moving to Austin from NYC last year. After all of my expense below, I still have and additional $1,042 for saving and emergencies. I have no problem covering a monthly prosper loan amount of up to $250.
Please feel free to ask for additional information. I thank you all in advance for your consideration.
My monthly budget:
Self-Employed Insurance: $188
Car expenses (lease and insurance and Gas): $358 & $170 $160
Phone, cable, Internet: $225
Food, entertainment: $600
Dog Food and medication: $120
Clothing, household expenses $150
Business Credit cards and other loan payments: $450
Federal and State Taxes (Saved for Quarterly Payments): $1,560
Total monthly expenses: $5,206
Leftover after expenses: $1,042
*** Please note that I have no intention of ever defaulting on this loan. I spent a great deal of time and money clearing up my credit report and have no intention of going back to a bad debt situation. I now have a good steady income and will continue to better my situation daily.
|Borrower's Other Listings|
|121853||Good Guy paying off old taxes to the I.R.S.||HR||$3,000 @ 24%||Apr 10, 2007||Withdrawn|
|688541||Large Purchases||E||$2,250 @ 22%||Jan 10, 2013||Loan created|