RELIST x2 - Help me rebuild my credit rating
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,000.00 | Status: | Loan created |
| Grade: | HR | DTI: | 14% |
| Lender Rate: | 29% | Borrower: | suel100 |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-05-22 | EricsCC ROI: | -46% |
| Status History | |
|---|---|
| May 20, 2007 | Current |
| Nov 07, 2007 | Late |
| Nov 23, 2007 | 1 month late |
| Dec 06, 2007 | Current |
| Dec 07, 2007 | Late |
| Dec 24, 2007 | 1 month late |
| Jan 23, 2008 | 2 months late |
| Feb 23, 2008 | 3 months late |
| Mar 23, 2008 | 4+ months late |
|
Purpose of loan: I would like this loan to establish and rebuild my credit raiting. I am getting married on July 7, 2007 and along with my fiance starting over to rebuild a new financial future. I applied for a $10,000 loan earlier and received only one bid. Someone suggested a smaller amount...I'll keep trying. I'd like to pay some past debt rebuild positive credit on my very poor rating. I have a very good income and plan on using all of it to pay off debt and then start over. I know it looks like I could probably wait a few months, pay off some things and then apply for this loan. And yes, that would be correct...but, the sooner I can start a possitive on my credit reports the better. This loan and my car payment will create possitive marks on my ugly credit report. My financial situation: I got into financial trouble because of a relationship split. I also was a casualty of a restructure after six years of employment with the same firm. I was out of work for one year, cashed in my ESOP's and paid off some of my bills at that time. I lived off of the rest. I obtained a new position in December 2006 ($80K)...a great income. I used the first few months to catch up from being out of work for the year and we've started planning our wedding. I know that doesn't sound like I'm prioritizing properly but there is only one 7/07/07. I've been working with my creditors and working out payment plans. In fact, one more will be paid off on May 11. I've been paying bills that don't belong to me. I just pulled my credit report and YIKES, it is pretty bad. But, I am going to pay off every last one of them and then start over rebuilding my credit rating. The tax lien and collection (I've been paying on the lien) account belong to my ex, I've disputed this with all three credit reporting agencies because they do not belong to me. I'll pay them if I have no other choice.We have been living off of my fiance's income, so paying back the loan and catching up should be relatively painless. We are good people...I just made some bad choices and need a helping hand. Please take a chance. Monthly net income: $ $5,958.33 Monthly expenses: $ My fiance pays all the bills. He earns a 6 figure income but will not be included on this loan. I pay the bills below. My monthly budget: Mortgage/rent: $ Insurance: $150 Car expenses: $900 Utilities: $ Phone, cable, internet: $120 Food, entertainment: $500 Clothing, household expenses $200 Credit cards and other loan payments: $500 Other expenses: $200 Wedding expenses: $1,500 per month till July 7 Total monthly expenses: $3,770 until July 7th, after $2 270 Total left over for loan repayment: $1,888.33 till July 7th, after $3,688 available for repayment of loan. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 127542 | Getting Married 7-7-07 | HR | $10,000 @ 25% | Apr 23, 2007 | Expired |
| 133832 | RELIST - help me get out of hi int debt | HR | $3,000 @ 29% | May 07, 2007 | Withdrawn |
| 135720 | RELIST-pay off hi int debt and rebuild credit | HR | $3,500 @ 29% | May 10, 2007 | Expired |
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