Daughter' Dreams of Attending College

| Listing Information | |||
|---|---|---|---|
| Amount: | $7,500.00 | Status: | Loan created |
| Grade: | D | DTI: | 6% |
| Lender Rate: | 20% | Borrower: | carguy1344 |
| Finished | State: | MI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-06-15 | EricsCC ROI: | -55% |
| Status History | |
|---|---|
| Jun 15, 2007 | Current |
| Jul 30, 2008 | Late |
| Aug 16, 2008 | 1 month late |
| Sep 16, 2008 | 2 months late |
| Oct 16, 2008 | 3 months late |
| Nov 16, 2008 | 4+ months late |
|
Purpose of loan: Melyssa is my second oldest child. She is a wonderful, mature 18 year old young lady that loves children. She has dreamed of the chance to attend college after high school graduation and study pediactric nursing. She is leaving in 2 weeks to spend a month in Togo, Africa as an internship at a missions hospital ministering to sick and injured young lost souls. When she returns, she will begin her educational journey at Liberty University. Her college education will prepare her for a lifetime career of nursing sick and injured children back to health. This loan will allow me to pay the balance of her tuition this year. I unfortunately failed at providing the financial chance for my 1st born to attend college 2 years ago and am now in need of your help to make my little girl's dream come true. Not only are you investing in your own financial gain, you are also investing in a fine young person that wants to make a difference! My financial situation: I will have no problems repaying this loan back at the $275 to $300 a month payment. We received Stafford loans and some scholarships but came up $7500 short for the total school bill. I have a wonderful job as a sales manager at one of the top Toyota Dealerships in Michigan. Monthly net income: $ $7500 Monthly expenses: $ Housing: $ 2200 Insurance: $ 300 Car expenses: $ 225 Utilities: $ 300 Phone, cable, internet: $ 120 Food, entertainment: $ 450 Clothing, household expenses $ 100 Credit cards and other loans: $ 435 Other expenses: $ 320 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 143844 | Daughter' Dreams of Going to College | D | $7,500 @ 24% | May 28, 2007 | Withdrawn |
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