Consolidate, Pay loan 2 Prosper! & Save for IVF Treatments
| Listing Information | |||
|---|---|---|---|
| Amount: | $17,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 30% |
| Lender Rate: | 12% | Borrower: | ChevyGuy |
| Finished | State: | CA | |
| Funded: | 100% | Group: | No Bull Investors - We Invest In Good Borrowers |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-05-14 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| May 12, 2007 | Current |
|
Purpose of Loan: This loan is for debt consolidation. About Me: I am a 37 year old hardworking, responsible, and dedicated, outdoors man. This year, my wife and I will be together 20 years and married for 10. Although we have two wonderful dogs, we hope to expand our family with a baby soon, especially since my wife will be completing graduate school this May. I have been with my current employer for 9 years and also work part-time 25 hours a week delivering an assortment of beverages to an array of local business owners. On my time off, I enjoy spending quality time with my wife and family. I also do mechanic work on my cars, barbeque, play and watch sports such as, football, baseball, and soccer. What I will do with the money loaned to me: I will pay off all of my credit card debt, primarily my Bank of America, formally known as MBNA, which has undergone a series of rate increases along with terms and conditions changes. I want to emphasize that I do not have any issues paying off any of my debt, however, I prefer to lower my rates by consolidating my bills into one, low interest payment, which will be paid out to REAL people at Prosper. A Prosper loan, does not only guarantee a better interest rate, but it will allow us to save money in order to pay for our Invitro Fertilization treatments that we need in order to become pregnant. Our health insurance does not pay for any portion of these treatments, and as some of you may know, these treatments are very, very expensive. However, our deepest desire is to have a baby of our own. My financial situation/What I will do with the money loaned to me: Below are the itemized amounts of what I will pay off upon receipt of the loan: $1497.17 will pay off Citifinancial Retail Services; APR of 22.99% $3804.34 will pay off Bank of America; APR of 24.99% $882 will pay off (2nd) Bank of America; APR of 16.24% $813.29 will pay off Wal-mart; APR of 27.49% $2485.81 will pay off HBSC Retail Services; APR of 22.65% $7448.39 Target National Bank; APR of 16.24% $ 16,931.00 Total My monthly budget: Mortgage/rent: $2616.69 Medical Insurance/Union Dues: $85.66 Car expenses: $200 (gas) $96 (bridge toll) $150 (car insurance) Utilities: $25 (water), $50 (electric & gas), $30 (garbage) Phone: $25.00 Cable: $32.00 Internet: $9.99 Food: $250 Entertainment: $50 Household expenses: $90 ($39.99 ADT alarm, $17.00 Toilet paper, $20.00 Cleaning supplies, $15.00 laundry detergent) Monthly Credit card payments: $367.00 (this amount would be now be used my monthly payment to Prosper lenders since I would be paying off my credit cards) Other expenses: $50 (Pet Food) $4127.34 Total monthly expenses My income after payroll deductions from all sources: $3500 Spouses Income: $1541 Total Family Income: $5041 I will have $ 1280.66 left to make monthly payments on my Prosper Loan Why I am a good candidate for paying back this loan: To date, I have made every effort to established a stable life and strong work ethics, as well as a respectable credit history. I remain committed to my family and will continue to strive for a better quality of life by strengthening and improving our personal, professional and spiritual values as well as our socio economic status. If granted this loan, I can assure you that making the monthly payments on time for the next three years will remain my top priority. Thank you for your consideration, |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 119161 | 100% Commited to paying my Prosper Loan | A | $17,000 @ 12% | Apr 04, 2007 | Expired |
| 124272 | LOW RISK; Relist. Consolidate bills to pay for IVF treatment | A | $17,000 @ 14% | Apr 16, 2007 | Expired |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|