Help Me Help You !!
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Withdrawn |
| Grade: | C | DTI: | 35% |
| Lender Rate: | 11% | Borrower: | Tgrgolfer |
| Finished | State: | VA | |
| Funded: | 0% | Group: | (No Group) |
|
Purpose of loan: The loan will be used to payoff high interest credit card debt My financial situation: I am a good candidate because I am college educated and progressing quickly in my job field. I had a serious car accident almost a year ago and missed one cycle of credit card payments. My rates jumped from 10-12% to 28-32% just for missing one payment. These are cards which I had previously had no late payments for 4 years, but in talking with the credit card companies they said it was well within their right to raise it that high. I disagree and feel credit card companies are solely predatory in nature. Now I pay so much interest a month that I can't afford to reduce the principal as fast as I'd like. I am hoping this loan will allow me to payoff the debt quickly and rid me of the corporate loan shark. Monthly net income: $ 2500 Monthly expenses: Housing: $ 0 - I've moved back home in order to rid my debt load as quickly as possible. I previously owned a single family home for 3 years and paid a 1250 mortgage without a missed payment. Since my accident and due to the credit card interest rate increase I had to sell the house and focus on ridding myself of revolving debt. Insurance: $ 85 mo. Car expenses: Car Loan - $216 mo Gas - $60 mo Utilities: $ 0 Phone, cable, internet: Cell phone $45 mo Food, entertainment: $ 100 Clothing, household expenses - $30-40 Credit cards and other loans: $ I pay nearly $800 a month in interest. Basically I paying for Chase's CEO's daughter to go to college with the interest I pay a month. Parking - $90 - I work downtown My Goal - My goal with this loan and the future is simple. Three years from now I will be revolving debt free. I will purchase property(house or condo) with the money I have saved and stop working for the Credit Card Companies who have preyed on me for too long. I also hope to be able to invest on Prosper.com so I can help people like me regain control of their lives and be free from Credit Card Companies who treat their customers like enemies. Thank you for taking the time to review my situation. Please let me know if you have any questions. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 145716 | Help Me Help You!! | C | $15,000 @ 11% | Jun 01, 2007 | Withdrawn |
| 146592 | CC Charge Me Too Much - VA Lets Me Charge Too Little | C | $10,500 @ 11% | Jun 04, 2007 | Withdrawn |
| 175407 | CC Charge Me Too Much - VA Lets Me Charge Too Little | C | $1,500 @ 11% | Jul 24, 2007 | Withdrawn |
| 181551 | Working Hard to Raise Credit Rating | B | $3,000 @ 11% | Aug 04, 2007 | Expired |
| 207513 | Working Hard to Raise Credit Rating | C | $2,400 @ 11% | Sep 26, 2007 | Expired |
| 213687 | ReList - Paying One Card Off at a Time | C | $2,000 @ 11% | Oct 10, 2007 | Withdrawn |
| 216023 | 670 Credit Rating - Verified Lender | C | $1,100 @ 11% | Oct 15, 2007 | Loan created |
| 375516 | 1st Loan Paid Off - Seeking New Consolidation | C | $5,000 @ 11% | Aug 01, 2008 | Loan created |
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