Vetted Borrorwer Needs Your Help
| Listing Information | |||
|---|---|---|---|
| Amount: | $4,999.00 | Status: | Loan created |
| Grade: | D | DTI: | 51% |
| Lender Rate: | 29% | Borrower: | cryssy |
| Finished | State: | MO | |
| Funded: | 100% | Group: | Lending Cousins |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-06-27 | EricsCC ROI: | -33% |
| Status History | |
|---|---|
| Jun 28, 2007 | Current |
| Nov 11, 2007 | Late |
| Nov 28, 2007 | 1 month late |
| Dec 28, 2007 | 2 months late |
| Jan 30, 2008 | 3 months late |
| Mar 01, 2008 | 4+ months late |
|
Purpose of loan: First, let me start by saying thank you for even looking at this. I've had so much trouble getting anything because of my credit score. The purpose of the loan is to get rid of my credit cards and payday loans because that's killing me right now. It feels as if I'm working for free because a big chunk of my paycheck goes to payday loan fees. I'm not even excited about getting paid. I have other listings on the marketplace because I wanted to join a group so I had to withdraw. Then I had to revise my listing because of errors. I want to be completely honest. I was declined from the first group I requested because my proposal had errors. I'm hoping this one is a lot better. I am not here to lie about my situation, I'm here to get help. I recently graduated with an MBA from Webster University in St. Louis, MO and I'm looking for better job opportunities. In my line of work, your credit is checked. Who wants to hire someone who has problems with their own money. I really need to get out of this hole I'm in and get my piece of mind back. I know I've made terrible decisions with my money, but I would like a chance to redeem myself. My financial situation: My financial situation is not good. I have 3 credit cards left to pay off completely(Capital one @ 500.00, Dillard's @ around 900.00, and imagine visa card @ 300.00), I have 4 payday loans(Cashnet USA for 625.00, Loan by Phone for 240.00, Nationwide Cash for 430.00, and Urgent Cash Advance for 500.00). With payday loans, as you know, payments are taken out each payday. With payday loans alone, I am paying about $450.00 monthly. I only pay the minimums on my credit cards because of the payday loan fees. In my last listings, I put an estimate of 3200.00, I didn't realize how important it was to be as accurate as possible. I also have student loans(received for Graduate School and others from Undergrad). I am paying on my vehicle as well, so there's another loan on my credit report. That's why my DTI% is as high as it is. I won't have to pay on my student loans until about 6 months because I'm given a grace period after graduation. I chose a 29% interest rate because let's face it, my credit is poor. I won't get accepted for anything less. I work full time. With a Prosper loan, I will be able to get back on track & start saving some money. I'll have a steady amount of money coming in to add to the money I have after the debt is paid. I can't participate in a 401k plan because I don't have money to save. I really need help. I just want my life back. Please see budget below: Amount of loan requested: $4999.00 -$3495.00(total credit cards and payday loans) = $1504.00 $1000.00 of the remainder will go to my savings account.The rest ($504.00) will go to my checking account. I'm paid around $980.00 bi-weekly(sometimes more depending on overtime) $1960(monthly income) - $660(Rent)- $417(Car note)- $104(Insurance) - $100(Food) = $679.00 - $208.00(Prosper) = $471.00 left/monthly. Monthly net income: $ 1950-2000 (This amount varies b/c of overtime). Monthly expenses: $ Housing: $ 660/monthly Insurance: $ 104/monthly Car expenses: $ 417/monthly Utilities: $ tied in with rent Phone, cable, internet: $ cable with rent; no computer Food, entertainment: $100/monthly Clothing, household expenses $ can't shop; no money Credit cards and other loans: $ total cc/payday loan debt only:$3495.00. Oth |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 147896 | Debt Consolidation | D | $5,000 @ 28% | Jun 06, 2007 | Withdrawn |
| 149005 | Debt Consolidation | D | $5,000 @ 29% | Jun 08, 2007 | Withdrawn |
| 151535 | In a hole from payday loans | D | $5,000 @ 29% | Jun 13, 2007 | Withdrawn |
| 151538 | In a hole from payday loans | D | $5,000 @ 29% | Jun 13, 2007 | Withdrawn |
| 151664 | In a hole from payday loans | D | $5,000 @ 29% | Jun 13, 2007 | Withdrawn |
| 152223 | Vetted Borrorwer Needs Your Help | D | $4,999 @ 29% | Jun 14, 2007 | Withdrawn |
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