Good Person trying to restore credit rating
| Listing Information | |||
|---|---|---|---|
| Amount: | $2,500.00 | Status: | Loan created |
| Grade: | E | DTI: | 23% |
| Lender Rate: | 22% | Borrower: | Parrothead |
| Finished | State: | AZ | |
| Funded: | 100% | Group: | Not Active |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-05-15 | EricsCC ROI: | 21% |
| Status History | |
|---|---|
| May 12, 2007 | Current |
| Sep 30, 2007 | Late |
| Oct 12, 2007 | Current |
| Dec 30, 2007 | Late |
| Jan 08, 2008 | Current |
| Jan 31, 2008 | Late |
| Feb 16, 2008 | 1 month late |
| Mar 17, 2008 | 2 months late |
| Apr 16, 2008 | 3 months late |
| Apr 23, 2008 | 1 month late |
| May 07, 2008 | 3 months late |
| May 24, 2008 | 4+ months late |
| Dec 29, 2008 | Default |
| Aug 30, 2011 | Paid |
|
Purpose of loan: (explain what you will be using this loan for) Pay down higher-rate credit card My financial situation: (explain why you are a good candidate for paying back this loan) I have a damged credit rating due to past experiences. In the past I had a much lower income but a great credit rating. I fell into the temptation of several credit card offers. Before I knew it, I found myself over-extended in credit card debt. I also fell into the cycle of pay day loans trying to keep up with the payments. This only made matters worse. I was in a lot of debt and falling behind on everything but refused to take the easy way out. I sold my home to pay off some of my debts and got a 2nd job which I have been at for just over 6 months. I was able to pay most of the credit cards off and am now current on the few I have left. I am trying to pay down one creditor that has been extremely difficult to work with. I am making monthly payments to them on time but most of what I pay goes to interest (very, very high rate) and fees from falling so far behind on it. I am in the process of restoring my credit rating and it is going up slowly, but surely. I have applied recently with other lenders and banks (reason for the recent credit inquires) but my credit score is too low to get approved for an unsecured loan. I have heard and read that "Prosper" is a better way to go so I am giving it a shot. I am a professional and responsible person who made some mistakes in the past. I have learned from those mistakes and paid the price both financially and emotionally. The toughest thing I have ever had to do was to sell my home, but I know that it was the right thing to do. I also know that I am on the right path to becoming a homeowner again in the near future. I would truly appreciate your consideration and thank you to anyone that can fund or partially fund my request. Monthly net income: $ 3600 Monthly expenses: $ 1733 Housing: $ 450 ( Ihave a roommate) Insurance: $ 65 Car expenses: $ 403 Utilities: $ 100 Phone, cable, internet: $ 115 Food, entertainment: $ 100 Clothing, household expenses $ 100 Credit cards and other loans: $ 400 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 36484 | Emergency! | HR | $3,000 @ 23% | Sep 03, 2006 | Expired |
| 132901 | Pay off high-rate cc | E | $5,000 @ 23% | May 04, 2007 | Withdrawn |
| 235161 | Good Person trying to restore credit rating | E | $1,200 @ 23% | Nov 20, 2007 | Withdrawn |
| 236011 | I Love Prosper!!! | E | $1,200 @ 23% | Nov 22, 2007 | Withdrawn |
| 237257 | I Love Prosper! (23% max rate for my state) | E | $1,200 @ 22% | Nov 25, 2007 | Loan created |
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