Eric's Credit Community

                                   This is a re-list with a higher interest rate.

Purpose of loan:
 I am currently working for a Fortune 500 company in the Healthcare industry.  My fiance and I have planned a wedding for this July. We have no children, and no major debt outside of small credit card bills.  Once we are married in July we will be living under one roof freeing up double the amount of money we are currently spending living separately.  We currently are not living together now because our faith does not allow us to do so. The balances are there because I used one to purchase a computer for my video production business after I graduated from college.  I produce freelance video packages in my free time.   

The wedding costs add up to about $8,000.  Alone I have already contributed 1,500 of that and will have $2,000 towards the wedding in addition to what I will be able to set aside for repayment of my prosper loan.  This is simply because I am not doing it alone.  My fiance?s contributions will nearly match mine. In addition to that, my credit card bills and car note will no longer exist and with the new free cash flow there will be no reason to use them.  

The delinquency on my credit report is nothing to be alarmed of.  I am not the sole owner of my home.  My credit allowed for my family to acquire the property.  The bulk of the mortgage is paid by my mother whose salary doubles that of my own.  I pay such a small portion of the mortgage because other family members contribute, and I?m rarely there.   The ambulance fee that still lurks my credit report should have been billed to my mother's insurance because I was a minor. I am currently disputing it.

I?d like to eliminate my debt and contribute to a wedding that also serves as a much needed family reunion?that?s not a funeral.  I sincerely thank you for your time and consideration and welcome any and all questions.  


Monthly net income: $ 2400 (after deductions)

Mortgage Contribution $400
Car payment 1    $210 (will pay off with this loan)
Car payment 2    $0
Car insurance     $50
Utilities              $200
Credit Card 1      $865 (this number is the balance aprox. $20 due each month... balance will be paid off with this loan)
Credit Card 2      $500 (this number is the balance aprox. $20 due each month... balance will be paid off with this loan)
Other credit        $70 (gym membership)
Groceries           $160
Gas                   $160

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Total bills      $2,215  

Current Free cash flow after bills $185 

Free Cash flow with funded Prosper loan = $1345 ( this number represents what is left after loan payment is made each month)