Relisting help me get rid of payday loans and rebuild credit
| Listing Information | |||
|---|---|---|---|
| Amount: | $2,900.00 | Status: | Loan created |
| Grade: | HR | DTI: | 20% |
| Lender Rate: | 24% | Borrower: | meharris25 |
| Finished | State: | AL | |
| Funded: | 100% | Group: | Have Money - Will Bid |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-05-29 | EricsCC ROI: | -44% |
| Status History | |
|---|---|
| May 26, 2007 | Current |
| Apr 13, 2008 | Late |
| Apr 30, 2008 | 1 month late |
| May 30, 2008 | 2 months late |
| Jun 30, 2008 | 3 months late |
| Jul 30, 2008 | 4+ months late |
|
Purpose of loan: This loan will be used to pay back my payday loans and credit cards My financial situation: Hello and thank you for viewing my listing. My wife and I went through three miscarriages before having our first child together. The medical bills and the cost of attending school (I was trying to secure an advance degree in education) were putting a financial strain on my family. With me having credit issues I could not secure a bank loan so I had to go to payday loan stores to keep my bills somewhat current. After dealing with the payday loans for months, I received my advanced degree and a promotion. I?m an administrator/educator in Alabama?s third largest school system. The new job that I have has raised my salary to a substantial amount. The raise that I received will guarantee that I will be able to pay back my proper loan. Also this loan will allow me to set up a budget that will allow me to take care of my family properly. Unfortunately, since I got into Pay Day loans, I now need help to get out of them. I would use the Prosper Loan to pay off the following: This is my second attempt at a proper loan so those of you who bid the first time please come back and bid again; believe me I have not lost the faith in the program. Thanks in advance Items I would use the proper loan to pay off: 500 - Pay Day Loan 1 Paydayselect.com 350 - Pay Day Loan 2 Cashnetusa.com 1350 - Credit Card 1 Capital One 500 - Credit Card 2. QVC Q Card- 535- Payday loan 3 500fashcash.com 600- Capital One Business Master Card 3570 - Total amount of Debt to pay off my current monthly net income is $3900. Here is my monthly budget with the prosper loan in place: 741 - Mortgage 125 - Electricity 60 - Telephone 505 - Car Payment 65. - Insurance 75 - Gas 250 - Other Credit Cards Not paid off with loan 120 - Groceries 100 - recreation 140 - Internet -------------- 2431 - total monthly expenditures As you can see, with just a little help, I have over $1500 left over, not only for my Prosper Payment, but for savings and emergencies so that I never get into this situation again. With this loan I can begin to live a normal life free from the stress caused by Pay Day Loans. I have definitely learned my lesson. I promise that my payment to Prosper will be my top priority each month. In fact, I am going to have Prosper automatically withdraw my payments each month so that everyone, including myself, knows that my payment will be made on time, every time. I?m not about to make a mistake with this opportunity to start rebuilding my credit. Thank you again for viewing my listing, and God bless. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 125118 | Help getting rid of payday loans and college debts | HR | $6,600 @ 23% | Apr 17, 2007 | Withdrawn |
| 125152 | Help me pay off my payday loans and credit cards | HR | $6,300 @ 28% | Apr 17, 2007 | Withdrawn |
| 126849 | Help repay payday loan and raise credit score | HR | $3,000 @ 28% | Apr 21, 2007 | Expired |
| 133310 | 2nd listing help me pay payday loans and raise credit score | HR | $3,000 @ 28% | May 06, 2007 | Withdrawn |
| 133366 | Help with Payday loans and Credit Score Relisting | HR | $3,000 @ 28% | May 06, 2007 | Expired |
| 238415 | Relisting help me get rid of payday loans and rebuild credit | HR | $7,200 @ 35% | Nov 27, 2007 | Withdrawn |
| 240103 | Paying of Credit Card debts from College | HR | $7,000 @ 35% | Nov 29, 2007 | Expired |
| 248054 | Paying of Credit Card debts from College | HR | $3,000 @ 35% | Dec 12, 2007 | Expired |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|