p2p lending at lending club
A new begining, debt consolidation!

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Listing Information
Amount: $15,000.00 Status: Loan created
Grade: B DTI: 23%
Lender Rate: 15% Borrower: Silverbane
Time Left: Finished State: WI
Funded: 100% Group: armed forces
Loan Information
Loan Status: Current Origination Date: 2007-07-30 EricsCC ROI: 11%
Status History
Jul 28, 2007 Current
Purpose of loan:
I earn a very good salary but unfortunately took on too many high interest credit card debt during my college years.

I would like to consolidate these credit cards and start over.

When this loan gets funded this is how I plan on using the money:
$6,500 towards Discover @ 27.78%
$1,500 towards Dell @ 28.24%
$4,500 towards Mastercard @ 19.77%

Additionaly I would like to re-invest $2,500 back into prosper.

I know that with a second chance I can make a difference. I feel I will be able to pay off this loan quickly and I want to thank all those bidding on this loan.

My financial situation:
I am a single hard working individual and am employed by a major computer programming company for over two years now.

Please give me a chance and let me prove myself. Thank you.

Monthly net income: $4000.00

Monthly expenses: $
  Housing: $690.00 
  Insurance: $150.00 
  Car expenses: $200.00 
  Utilities: $60.00 
  Phone, cable, internet: $60.00 
  Food, entertainment: $250.00 
  Clothing, household expenses $75.00 
  Credit cards and other loans: $400.00 
  Other expenses: $50.00
Borrower's Other Listings
127118 Consolidate credit card and auto loan B $25,000 @ 7% Apr 22, 2007 Expired
133382 Re-invest in Prosper.com, payoff debt and consolidate credit B $25,000 @ 14% May 06, 2007 Expired
139955 CONSOLIDATE CREDIT CARDS (2ND ATTEMPT) B $19,000 @ 14% May 19, 2007 Expired
143162 CONSOLIDATE CREDIT CARDS (2ND ATTEMPT) B $20,000 @ 16% May 26, 2007 Expired
394660 Plastic Destruction! Final Debt Consolidation! A $14,626 @ 14% Sep 08, 2008 Cancelled
403979 Plastic Destruction! Final Debt Consolidation! A $14,555 @ 14% Sep 25, 2008 Loan created

 

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