p2p lending at lending club
Debt Consolidation
Homeownership Verified

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Listing Information
Amount: $21,000.00 Status: Loan created
Grade: C DTI: 36%
Lender Rate: 22% Borrower: Lynyrd
Time Left: Finished State: IL
Funded: 100% Group: Small Business & Self Employed
Loan Information
Loan Status: Default Origination Date: 2007-07-31 EricsCC ROI: -61%
Status History
Jul 31, 2007 Current
Nov 23, 2007 Late
Dec 02, 2007 1 month late
Jan 01, 2008 2 months late
Feb 03, 2008 3 months late
Mar 01, 2008 4+ months late
Jul 09, 2008 Default
Purpose of loan:
Debt consolidation to have only one payment instead of several. 

My financial situation:
My financial situation is good.  I have no problem meeting my obligations.  Improving my credit score is very important to me so I am very conscientious about making all of my payments on time.  I will use my income as my source of repayment. 

Monthly net income: $ 3340

Monthly expenses: $ 2915 (including credit cards and loan which will be consolidated)
  Housing: $ 955
  Insurance: $ 200
  Car expenses: $ 410
  Utilities: $ 150
  Phone, cable, internet: $ 100
  Food, entertainment: $ 200
  Clothing, household expenses $ 100
  Credit cards and other loans: $ 700
  Other expenses: $ 100
Borrower's Other Listings
166257 Debt Consolidation C $25,000 @ 21% Jul 09, 2007 Withdrawn

 

Discussion For This Listing
Thu, January 17, 2008
i have noticed serveral of my late loans only pay 2 payments and late forever. Seemed like there are some type of system ppl are are abusing here for bankrupcy and such.
Thu, January 17, 2008
i have noticed serveral of my late loans only pay 2 payments and late forever. Seemed like there are some type of system ppl are are abusing here for bankrupcy and such.
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