PAYING OFF PAYDAY LOANS
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,250.00 | Status: | Loan created |
| Grade: | E | DTI: | 46% |
| Lender Rate: | 26% | Borrower: | ashree23 |
| Finished | State: | ND | |
| Funded: | 100% | Group: | Psalms 1:1-3 |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-05-08 | EricsCC ROI: | -68% |
| Status History | |
|---|---|
| May 05, 2007 | Current |
| Sep 23, 2007 | Late |
| Oct 05, 2007 | Current |
| Jan 25, 2008 | Late |
| Feb 05, 2008 | Current |
| Feb 23, 2008 | Late |
| Mar 10, 2008 | 1 month late |
| Apr 09, 2008 | 2 months late |
| May 03, 2008 | 1 month late |
| May 09, 2008 | 2 months late |
| May 24, 2008 | 1 month late |
| Jun 10, 2008 | 2 months late |
| Jul 09, 2008 | 3 months late |
| Aug 09, 2008 | 4+ months late |
|
I will be using this loan to pay off a payday loan. I recently moved from Hawaii to North Dakota. Shortly after the move, the military made an error on my paycheck. The error caused my paychecks to be less than they were suppose to be. They are in the process of fixing the mistake. While I was waiting for the Military to correct the errors on my paychecks I got suckered into taking out a payday loan with ?Pioneer Military Lending?. They are charging me 80.5% interest. OUCH! I want to get these guys paid off as soon as possible so I can move on and save the extra money and become debt free! I am currently in the military and have been for over 6 years. You always know I will receive a paycheck. I even have the advantage of having my monthly payment allotted out of my check, meaning the payment will come out before delivery of the check to me. You will not need to worry about a missed payment. I have current loans taken out today and I have never missed a payment with my creditors. I have a good payment history with them. Currently my credit report is showing 8 delinquencies. These are incorrect. I only have 4 delinquencies totaling $600. I?m currently working with these 4 creditors to get them brought current and paid in full. I have contacted the other 4 creditors disputing their incorrect reporting. They said it would take 60 days to be reflected properly on the credit bureaus. I currently bring home $2,603 per month. My husband brings home $800 per month. He also attends school. He?s currently working on his Associates Degree. Total take home $3,403. Budget: $0 Rent (Stay in military housing) $122 Insurance $435 Car expenses $210 Utilities, phone, internet $350 Groceries $160 Household expenses, clothing $601 Loan payments $784 Child care $2,662 monthly expenses This leaves us $741 per month to make this payment and pay off our other loans sooner. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 123671 | trying to get credit right and pay off deliquent debts | E | $12,500 @ 24% | Apr 14, 2007 | Expired |
| 231196 | GETTING MY FAMILY OUT OF DEBT | HR | $14,500 @ 35% | Nov 13, 2007 | Withdrawn |
| 231205 | GETTING MY FAMILY OUT OF DEBT | HR | $14,500 @ 35% | Nov 13, 2007 | Expired |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|