Capital For Woman Owned Business
| Listing Information | |||
|---|---|---|---|
| Amount: | $12,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 20% |
| Lender Rate: | 19% | Borrower: | performing |
| Finished | State: | LA | |
| Funded: | 100% | Group: | FUTURE FINANCIAL FREEDOM |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Late | Origination Date: | 2007-05-08 | EricsCC ROI: | 14% |
| Status History | |
|---|---|
| May 09, 2007 | Current |
| Nov 23, 2008 | Late |
|
Purpose of loan: will use the funds to give my business more capital to work with. I plan on using the funds to hold fashion shows and teen events in the states of Louisiana, Mississippi and Alabama. I can get state support, but I have to have 25 percent of the funds on hand. My past:I have been working in modeling and the performing arts since 10 years of age. I tried out for Star Search at the age of 10. I modeled for All American Entertainment from my teen age years. I won a few pageants. My financial situation: My financial situation: I really started shaping up about 4 years ago. I was going to school and I let allot of school bills get behind. My student loans were on separate payments and I was living in Gulfport, MS. I got hit by a tropical storm and things got worse down the line. From 1999 - 2003 Things really were tough. I did not have credit cards, but when you are out of school the loans really do hurt. I relocated in 2003 and started making more money teaching dance classes here than I did with the Boys and Girls Clubs in Mississippi. Now I teach with the Performing Arts program in Baton Rouge and caught up on my bills. I have had good credit since 2004. I am a really good dependable person now. I am trying to get my Masters in Business Marketing now. So I work a full time job, go to school and have my own business. I make around 40,000 net. I also get bonuses. I will not be leaving my job, for my business. Note: Majority of my problems are student loans. There were 20 student loan accounts, they all were late during the time of reloction and hospitalization after the storm damaged my home in Mississippi. My personal Situation: I have two children, but they are in a Boarding School program that the state of Mississippi funded with a grant and child support. I let all the child support go towards their education, because I believe child support is for the children. So my children are not in my financial situation . They are living very well and don't require any of my income. Now the only thing that is hurting me is my past student loans. I consolidated them, but for some reason it lowered my score from 712 to 650. I found out that the long history of my loans made my score higher. I work with children and adults in the field of acting, modeling, dancing and singing. I have been doing this on the side since 2005. My job is one of my contractors. My monthly budget: Mortgage/rent: $0 Insurance: $150 Car expenses: $0 Utilities: $150 Phone, cable, internet: $ 100 Food, entertainment: $ 200 Clothing, household expenses $ 100 Credit cards and other loan payments: $ 200 Other expenses: $0 --------------------------------------- Total monthly expenses: $900 Around $2700 a month left in Net Monthly |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 128516 | Expanding My Business | C | $25,000 @ 20% | Apr 25, 2007 | Withdrawn |
| 128675 | In Need of Business Capital | C | $25,000 @ 20% | Apr 25, 2007 | Withdrawn |
| 129444 | Starting Capital For My Business "WeHelpMany" | C | $22,000 @ 20% | Apr 27, 2007 | Withdrawn |
| 253297 | Capital For Woman Owned Business | E | $14,700 @ 10% | Dec 19, 2007 | Withdrawn |
| 254481 | Consolidate Credit Cards | E | $8,500 @ 10% | Dec 21, 2007 | Withdrawn |
| 255382 | Consolidate Credit Cards | E | $14,000 @ 10% | Dec 25, 2007 | Withdrawn |
| 361802 | Consolidate Credit Cards | D | $14,000 @ 35% | Jul 03, 2008 | Expired |
| 365315 | Consolidate Credit Cards | D | $7,500 @ 35% | Jul 10, 2008 | Expired |
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