p2p lending at lending club
Consolidate High Interest Cards - No Delinquencies
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Listing Information
Amount: $4,500.00 Status: Loan created
Grade: E DTI: 36%
Lender Rate: 19% Borrower: orangetree22
Time Left: Finished State: MO
Funded: 100% Group: Lending In Full-Force and Effect
Loan Information
Loan Status: Paid Origination Date: 2007-06-26 EricsCC ROI: 18%
Status History
Jun 28, 2007 Current
Jul 25, 2007 Payoff in progress
Jul 28, 2007 Paid

Occupation: Financial Advisor ? Wachovia Securities

Purpose of the loan: I will be consolidating 3 very high rate cards, the rate seems to increase each month at this point.  I would like to know that this rate will stay the same and know that I can pay this loan off quickly.

 My financial situation:  I am in a very stable job and my paychecks will continue to go up on a monthly basis. On top of my salary, my commissions grow and build each month. I make more than enough to pay my bills, I have never missed a payment,  and it is priority for me to start paying debt off. That is why I am here.

Monthly net income: $ 4601 ($6420 combined with my wife's income)

Monthly expenses: $ 5204

Housing: $ 1576

Insurance: $ 65

Car expenses: $ 450 (with gas)

Utilities: $ 175

Phone, cable, internet: $  230

Food, entertainment: $ 1600

Clothing, household expenses $ 200

Credit cards and other loans: $ 908
(PAY OFF: Mastercard - $ 1, 050 ? 27% - $44, Visa - $1440 ? 25% - $78,   Visa - $3300 ? 22% - $64)

Total Net Income after Expenses $ 1216

 

Borrower's Other Listings
134548 Debt Consolidation E $7,000 @ 8% May 08, 2007 Withdrawn
141233 I want to get out of debt! E $7,500 @ 20% May 22, 2007 Expired
144102 Debt Consolidation - NO DELIQUENCIES!! E $7,500 @ 20% May 29, 2007 Withdrawn
145928 Pay of High Rate Cards - NO DELINQUINCIES E $2,500 @ 20% Jun 02, 2007 Expired

 

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