Getting ahead before grad school
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,001.00 | Status: | Loan created |
| Grade: | C | DTI: | 23% |
| Lender Rate: | 17% | Borrower: | chughes404 |
| Finished | State: | GA | |
| Funded: | 100% | Group: | 435 Supporting Lenders - Get FUNDED @ LOWER % than ANY group |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2006-05-31 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Jul 12, 2006 | Current |
| Jun 15, 2007 | Late |
| Jul 01, 2007 | 1 month late |
| Jul 04, 2007 | Current |
|
Hi,I'm a 22 year old engineering student looking to completely remove my "student" credit card balance. 2 years ago, I opened up a student visa, looking forward to building a solid credit background for the future when it came time to buy a car or mortgage my first house years later. I have always payed my bill on time, every time. However, the balance kept getting higher and my credit limit kept getting raised. Now my monthly minimum payments sit around $130 and about $90 is going to interest and fees alone with $2500 remaining to pay off. Needless to say, this is not what I had in mind, paying corporate America through he nose. Prosper.com looks to be an awesome idea, and I have great feeling about paying my debt off to ordinary citizens like you and I, it just makes me feel all warm and fuzzy inside. I currently work 2 jobs while attending school. One is as an IT tech for the largest law-firm here in Savannah GA and I bring in around $875 every two weeks after taxes. My other job consists of doing home computer repair and PC building at $45 an hour. My debt to income ratio before this loan is 14%, and I will continue to have a steady cash flow up until grad school in 2008. I have no problem paying off a loan or credit, but when 75% of what you are paying is interest and fees alone, it gets frustrating. Thanks for reading, and happy lending! :) |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 15214 | Romoving "student" CC debt | C | $3,001 @ 18% | May 23, 2006 | Withdrawn |
| 15301 | Terminating student CC debt | C | $3,001 @ 17% | May 23, 2006 | Withdrawn |
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