Pay off higher interst debt

| Listing Information | |||
|---|---|---|---|
| Amount: | $23,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 36% |
| Lender Rate: | 13% | Borrower: | Firewalker1 |
| Finished | State: | MD | |
| Funded: | 100% | Group: | No Bull Investors - We Invest In Good Borrowers |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-05-11 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| May 11, 2007 | Current |
| Jul 17, 2008 | Payoff in progress |
| Jul 22, 2008 | Paid |
|
About Me: I am 31 years old and currently employed by an established healthcare company in which I have been working with for more than 6 years. My fiance and I are getting married on June 2nd. She has been an image consultant for the last 5 years and owns 9 rental properties. Purpose of Loan: I recently enrolled in the Tony Robbins' Matery university which was $25,000. This loan will be used to pay the debt on the higher interest credit cards. My dti ratio prior to this loan is 15%. I imagine that the loan will indicate a much higher dti because Prosper will not realize that I am paying off current debt. I have broken down the income and expenses for both myself and my fiance. Thank You For Your Consideration. My Gross Monthly Income: $6850 $12,400 Monthly Budget: Mortgage: $1100 $8,900 Insurance: $200 $650 Car expenses: 2 cars Free and Clear $525 Utilities: $500 Phone, cable, internet: $100 $75 Food, entertainment: $350 $150 Clothing, household expenses: $150 $300 Credit cards and other loan payments: $850 $200 Charities/donations: $200 Gas and Car Maintenance: $350 $200 Investments: $500 $250 -------------------------------------- Total monthly expenses: $ 4,300 &nbs |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 122239 | Opening Franchises. Already have 3 positive income streams!! | A | $25,000 @ 15% | Apr 11, 2007 | Withdrawn |
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