Payroll advance loans
| Listing Information | |||
|---|---|---|---|
| Amount: | $2,551.00 | Status: | Loan created |
| Grade: | HR | DTI: | 37% |
| Lender Rate: | 22% | Borrower: | cheeseonrice |
| Finished | State: | MN | |
| Funded: | 100% | Group: | Have Money - Will Bid |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-06-12 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| Jun 12, 2007 | Current |
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Hello and thank you for viewing my listing. Although I'm a student, I work full time during the school year and over full time during the summer months. My credit score is bad right now because I'm in a dispute with an internet service provider for $500 from several years ago that I do not owe them and the payroll advance loans set me back some. The only reason I took the payroll advance loans was to cover a gap of income I had when school let out and I was looking for summer jobs, which I now have. Unfortunately, since I got into Pay Day Loans, I now need help to get out of them. I would use the Prosper Loan to pay off the following Pay Day Loans and Credit Cards. (List them all out here - the more the better) $507.86 - PayDayOk.com $596.43 - PayDaySelect.com ------- $1104.29 - Total amount of Debt to pay off Currently I work for an online travel agency, 12 hours a week, on the weekends, as well as a security guard assigned to a 40 hour a week position. Overtime is always available at both jobs and I usually work 10-16 hours additionally from what's listed above a week. The more I work the less I spend. I've been working at the travel agency for almost 2 years now and could move to full time there easily if something happened with my security job. My current monthly net income is $2080. Here's my monthly budget with the prosper loan in place: Monthly expenses: $ 1360 Housing: $ 300 Insurance: $ 240 Car expenses: $ 250 Utilities, Phone, cable, internet: $ 80 Food, entertainment: $ 150 Clothing, household expenses $ 20 Credit cards and other loans: $ 270 Other expenses: $ 50 As you can see, I have over $720 left over to be used, 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 caused by Pay Day Loans. I have learned my lesson. I promise that my payments 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 | |||||
|---|---|---|---|---|---|
| 146243 | Paying off payroll advance loans | HR | $1,100 @ 18% | Jun 03, 2007 | Withdrawn |
| 280164 | This loan is guaranteed, just to fill gap in between jobs | E | $2,551 @ 19% | Feb 15, 2008 | Loan created |
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