Re-List/Paying off Credit Card Debt
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,000.00 | Status: | Loan created |
| Grade: | E | DTI: | 28% |
| Lender Rate: | 21% | Borrower: | MlnsFam03 |
| Finished | State: | CA | |
| Funded: | 100% | Group: | Have Money - Will Bid |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-05-30 | EricsCC ROI: | -70% |
| Status History | |
|---|---|
| May 29, 2007 | Current |
| May 24, 2008 | Late |
| Jun 05, 2008 | 1 month late |
| Jul 09, 2008 | 2 months late |
| Jul 31, 2008 | 3 months late |
| Sep 01, 2008 | 4+ months late |
|
Hello and thank you for viewing my listing. --> I'm a father and a husband. My wife and I have been married now for four years and have a beautiful baby girl named Brook. We're expecting a new baby boy in a couple months and we can hardly wait. I've been a Paramedic for 10 years and love what I do. I love to fish and camp and spend time with my family. My baby girl and wife are my world. Unfortunately I was married before and a divorce caused my credit to be impacted in a negative way. It's been 5 years since my BK and I'm hoping with paying off my credit cards, it will improve my score a little more to help my wife and I be able to purchase our first home. I want to pay off debt and start fresh and I hope you can help me achieve my goal. --> I?ve been with my job for 10 years. I?ve had some hardships in the past due to a divorce which caused me to have to file for bankruptcy. It?s been 5 years since my BK and I?ve managed to pay my bills on time. There?s still a couple things on my credit I would like to pay off that were not included on my BK. There is also a Tax Lien listed on my credit as well that has been taken care of as of April 2007. When my ex and I divorced, she was awarded the house in the divorce settlement. She was supposed to take over payments on the house as well as take care of the taxes, in which she failed to do. This is what caused the tax lien to be placed on my credit. As of May 2007, I have mailed a copy of my divorce settlement to Experian, Equifax and Transunion indicating this information and I was advised the tax lien would be removed. I will use this prosper loan to pay off the following: $750.00 ? Capital One Credit Card $415.00 ? HSBC Credit Card $350.00 ? First Premier Bank Card $365.00 ? First Premier Credit Card (Wife?s Card) $400.00 ? HSBC Credit Card (Wife?s Card) $696.00 ? Capital One Auto Finance (Make an extra car payment) ------- $2976.00 - Total amount of Debt to pay off My current monthly net income is $4500.00 Here's my monthly budget with the prosper loan in place: $875.00 - Mortgage $150.00 - Electricity $164.00 ?Telephone, Cable, and Internet included (make one payment for all with Time Warner Cable) $696.00 - Car Payment $115.00 - Insurance $200.00 - Gas $200.00 - All credit cards will be paid off with loan $200.00 - Groceries $150.00 - recreation -------------- $2750.00 - total monthly expenditures After loan and paying off ALL credit cards, I will have $2550.00 in monthly costs. As you can see, I have over $1950.00 left over, not only for my Prosper Payment, but for savings and emergencies so that I never get into this situation again. I can begin to live a normal life free from the stress. I can put money away and not worry about these credit card bills that hang over my head. 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 | |||||
|---|---|---|---|---|---|
| 131783 | NEW BABY / BUYING A HOUSE | E | $3,000 @ 22% | May 02, 2007 | Withdrawn |
| 131880 | NEW BABY / NEW HOME | E | $3,000 @ 23% | May 02, 2007 | Withdrawn |
| 132830 | New Baby / New Home | E | $3,000 @ 24% | May 04, 2007 | Expired |
| 136274 | PAY OFF CREDIT CARD DEBT/IMPROVE CREDIT SCORE | E | $3,000 @ 24% | May 11, 2007 | Withdrawn |
| 137325 | Re-List / Paying off Credit Card debt | E | $3,000 @ 28% | May 14, 2007 | Expired |
| 264963 | Re-List/paying off debt/Purchasing new home | E | $3,000 @ 35% | Jan 14, 2008 | Expired |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|