Paying off short term debt

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Listing Information
Amount: $3,000.00 Status: Loan created
Grade: D DTI: 32%
Lender Rate: 29% Borrower: olind111
Time Left: Finished State: OR
Funded: 100% Group: (No Group)
Loan Information
Loan Status: 4+ months late Origination Date: 2007-07-11 EricsCC ROI: -41%
Status History
Jul 10, 2007 Current
Dec 26, 2007 Late
Jan 12, 2008 1 month late
Feb 12, 2008 2 months late
Mar 12, 2008 3 months late
Apr 12, 2008 4+ months late
Purpose of loan:
I will use the money to pay off short term debt.

My financial situation:
I have had the same job for over 4 years and my payment record on my debts is excellent.
Monthly net income: $ 2762

Monthly expenses: $
  Housing: $ 600
  Insurance: $ 28
  Car expenses: $ 85
  Utilities: $ 90
  Phone, cable, internet: $ 48
  Food, entertainment: $ 100
  Clothing, household expenses $ 175
  Credit cards and other loans: $ 800
  Other expenses: $ 150
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