Want to cut CC interest from 30% in half. Rate capped.

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Listing Information
Amount: $1,500.00 Status: Loan created
Grade: C DTI: 13%
Lender Rate: 12% Borrower: jlp316
Time Left: Finished State: NY
Funded: 100% Group: Single Parents of Children
Loan Information
Loan Status: Current Origination Date: 2007-05-10 EricsCC ROI: 9%
Status History
May 10, 2007 Current
Purpose of loan: I will use this loan to pay off my Providian card which is carrying a 30% rate!!!!

My financial situation: I work FT. My annual gross is $28700. I am able to make payments on my credit card debt as it is but if the people on Prosper would help me by funding this loan, I will be able to get myself on more stable group, and not have to worry about most of my money going to interest.

My monthly budget:
Mortgage/rent: I live with, and take care of my Elderly mother so no rent
Insurance: $75
Car expenses: $120 gas/maintainance
Utilities: See mortgage/rent info
Phone, cable, internet: $180
Food, entertainment: $50?
Clothing, household expenses $
Credit cards and other loan payments: $200-250
Other expenses: $175
 Total monthly expenses: $850 - $1100 to be very conservative
Borrower's Other Listings
123709 Help me simplify my life C $5,000 @ 14% Apr 14, 2007 Withdrawn
126913 Second times a charm. Rate capped! Pls help!!! C $1,600 @ 14% Apr 21, 2007 Expired
242347 Ready to get the rest of my debt taken care of D $1,600 @ 14% Dec 02, 2007 Withdrawn

 

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