Purchase use vehicle & payoff credit cards
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,000.00 | Status: | Loan created |
| Grade: | E | DTI: | 9% |
| Lender Rate: | 17% | Borrower: | hungry |
| Finished | State: | MO | |
| Funded: | 100% | Group: | A thru E graded Loans --> 100% borrower success rate |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-06-05 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Jun 03, 2007 | Current |
|
Purpose of loan: (explain what you will be using this loan for) This is my 2nd listing. I am only asking for $3000 because after investigating Prosper I was able to get $3000 loan from a family member. So I need $3000. I have about $1000 in credit cards and will use $5000 towards the car. I could save for this car in about 6 months, but both of my parents need their own car to go to their own work, so I need my own transportation. I do not have a car picked out because I am waiting on the loan first. My financial situation:(explain why you are a good candidate for paying back this loan) I plan on living at home for many years to come. I want to be financially ready to take on the added expenses when I leave home. I plan to live at home for at least 5 more years. I realize my credit is young as I only have had credit since 2006, but I am only 19 years old and I have just started to need credit. I have a solid job and good income. I am a conservative individual and I pay all of my bills on time. I have never had a late payment on my credit report. After, I receive the loan to purchase a car and pay credit cards I will still have an extra $1225.00 to pay prosper, car insurance and gas. Also, I would like to begin my personal savings. I work as a leasing agent at an apartment complex. I have been there for 3 months. I plan to work there for many years to come and eventually I would like to get into real estate. Also, I work part- time at a fast food chain. I have been at this same job since the age of 16. I work 40 hours as a leasing agent per week and 10-15 hours per week in a fast food chain. Monthly gross income:$1900.00 Monthly net income:$1706.00 Monthly expenses(I live with my parents so my expenses are low) Housing: $ 0 Insurance:$0 Car expenses: $ $120 car insurance, $120 car gas Utilities: $0 Phone, cable, internet: $ 0 Food, entertainment: $ 50 Clothing, household expenses $ 0 Credit cards and other loans: $ 0 Other expenses: $ 70 cell phone Misc-$75 Family loan for car $100 ($3000 balance) Prosper loan $125 Total Expenses: $660 Cash flow: Net income: $1706 - Monthly Expenses $660 (including Prosper loan and car expenses) = $1046 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 139332 | Purchase a used vehicle & payoff credit cards | E | $6,000 @ 16% | May 17, 2007 | Withdrawn |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|