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Sailor Family Seeks Help

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Listing Information
Amount: $4,000.00 Status: Loan created
Grade: C DTI: 18%
Lender Rate: 17% Borrower: dj_thaman
Time Left: Finished State: TX
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2007-05-30 EricsCC ROI: 13%
Status History
May 26, 2007 Current

Purpose: this loan will save us from temporary bankruptcy. $2000 of

the loan will be used to pay for my wife's emergency dental surgery. She

needs to get her wisdom teeth out, as they became really infected a

week ago. We made the mistake of not buying the optional dental insurance

and now, with my getting out of the navy and starting a new job, she

needs an $1800 surgery and $200 xrays. $1000 of the loan will go towards

paying down debt, and getting a couple months ahead on as many bills as

we can to ease our transition from military to civilian work. I have a

new job working as a mercedes benz salesman, with a comfortable base

salary in addition to a great commission structure. This loan will be

paid monthly for the first 6 months until we are certain to be stable on

our feet, and will then be paid in full. Thank you for your time and

bid.
My monthly budget:
Mortgage/rent: $0.00 (we live in a home owned by family)
Insurance: $70
Car expenses: $100
Utilities: $250
Phone, cable, internet: $110
Food, entertainment: $300
Clothing, household expenses $100
Credit cards and other loan payments: $70
Other expenses: $200
---------------------------------------
Total monthly expenses: $1200

Salary: $3500
Wife?s Income: $1000
________________________
Total monthly income: $4500

This is a short term problem. If all goes well, within a month we will be back on our feet and able to repay this loan in total with interest very quickly. However, because several expenses occurred at the same time (new baby, dental surgery, etc) we have found ourselves in a very big hole that we need help getting out of.

Please help us and you will be rewarded by a very high interest rate. Thank you

 

Borrower's Other Listings
135515 Sailor Family Needs Help C $4,000 @ 8% May 10, 2007 Withdrawn

 

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