Pay off Debt

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Listing Information
Amount: $10,000.00 Status: Loan created
Grade: B DTI: 71%
Lender Rate: 19% Borrower: crose4u
Time Left: Finished State: IN
Funded: 100% Group: DrCredit
Loan Information
Loan Status: Repurchased Origination Date: 2007-06-06 EricsCC ROI: -57%
Status History
Jun 09, 2007 Current
Dec 21, 2007 Late
Jan 07, 2008 1 month late
Feb 07, 2008 2 months late
Mar 07, 2008 3 months late
Apr 07, 2008 4+ months late
Jul 12, 2008 Repurchased
Purpose of loan:

Married 22 years, two teenage children, Masters in Management, 17years with current employer at Electric Utility, own home for about 20 years. I am reliable and trustworthy. I am desiring the loan to pay toward some bills. I am working with an attorney to secure winnings from a lottery, and have attorney fees to pay. I am willing to pay lenders 30% on top of their contribution. For example, a loaned amount of $1,000. would receive the same back, plus an amount of 300.00. - within 60-90 days.

My financial situation:


I have a B credit rating with a credit score of 714. My wife and I paid off our 1st mortgage in about 18 years (30 yr loan) and about 2 years ago took out a 2nd mortgage to consolidate & pay off bills.My credit score had been as high as 790-804. The lottery winnings will be sufficient to pay of all lenders and pay off debt. Because of this confidence, I have increased the interest being paid out from 20% to 30% in this relisting.

Monthly net income: $

3500.00 net  Me
2500.00 net  Spouse
6000.00 net  Total household income

Monthly expenses: $

  Housing: $ 692.
  Insurance: $ 190.
  Car expenses: $ 0
  Utilities: $ 215.
  Phone, cable, internet: $ 150.
  Food, entertainment: $ 600.
  Clothing, household expenses $ 200.
  Credit cards and other loans: $ 1000.
  
Borrower's Other Listings
139018 Preparation to receive HUGE Inheritance sum B $25,000 @ 19% May 17, 2007 Expired

 

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