p2p lending at lending club
Relist?Pay off high interest loans

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Listing Information
Amount: $12,000.00 Status: Loan created
Grade: B DTI: 10%
Lender Rate: 12% Borrower: nsegan
Time Left: Finished State: NJ
Funded: 100% Group: GROUP CLOSED
Loan Information
Loan Status: Current Origination Date: 2007-05-22 EricsCC ROI: 8%
Status History
May 22, 2007 Current

Purpose of loan:

To pay off my high interest personnel loan and credit card payments

I have the following loans open

 Wachovia Bank

 $5000

 B

 Credit Union balance

 $3000

The remaining prosper loan amount shall be used to lend other prosper members


My financial situation:

Working in and in the IT field for last 9 years

I have annual income over $70K+Quaterly bonuses

I have more than $1500 left monthly for my loan payments. I have paid my loans on time and never delayed any loan or bill payment.

Credit Score:

Though it is given B in prosper, I verified my credit scores in the following company repots as of Apr-19-2007
Trans ? Credit score is - 745
Experian
? Credit score is ? 734 (Please see the pictures above)

Income:

Monthly income: $4200(after tax)

My monthly budget:

Mortgage/rent: $970
Medical Insurance: $ deducted by company from quarterly bonus
Car Insurance: $ 70
Car expenses: $ Loan Paid Off + $80 for Gas
Utilities, Gas: $ 250
Phone, cable, internet: $ 106
Food, entertainment: $ 300
Credit cards and other loan payments: $ 183 for Wachovia loan EMI + $120-150 for credit card
Other expenses: $ 100
---------------------------------------
Total monthly expenses: $ 2179

Left over from income $2021

I don?t have any problem paying around $400 for this loan with the left over amountThanks for your interest in My Listing and please do let me know if you have queries.

Borrower's Other Listings
128059 No Risk ? Paying off High Interest Loans B $9,500 @ 11% Apr 24, 2007 Expired

 

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