p2p lending at lending club
Debt free in 3 years.

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Listing Information
Amount: $22,000.00 Status: Withdrawn
Grade: D DTI: 0%
Lender Rate: 14% Borrower: nextmarket
Time Left: Finished State: NY
Funded: 0% Group: (No Group)
Purpose of loan:
The purpose of this loan is to be able to consolidate all of my debt into one place and then eliminate it.  By setting up a feasible payment plan I can be debt free with three years.  I plan on paying off my student loans (+- $1100), my credit cards (+- $12000) and my fixed payment loans (+- $8000).  I will not reuse these cards and plan on cutting them up as soon as I pay them.

My financial situation:
I am currently self-employed and have been since 1999.  I have a fixed income of $6000.00 which I received from a trust.  I am not taking money out of my business at this present time.

My business is within the realm of marketing.  I own an agency with a partner which sets up marketing strategies for small to medium sized businesses.  We also organize seminars, trade shows and musical presentations.  My business is showing a profit at this time, however, we are reinvesting in order to help it grow as much as possible.  We currently have a data-base programmer, a web designer, a html coder, 2 graphic designers and a secretary. 

Monthly net income: $ 6000.00

Monthly expenses: $ 4100.00
  Housing: $ 600.00
  Insurance: $ 150.00
  Car expenses: $ 200.00
  Utilities: $ 200.00
  Phone, cable, internet: $ 500.00
  Food, entertainment: $ 400.00
  Clothing, household expenses $ 300.00
  Credit cards and other loans: $ 1250.00
  Other expenses: $ 500.00

Borrower's Other Listings
175955 New Mac for Graphic Designer D $2,500 @ 13% Jul 31, 2007 Expired
185137 Mac for Graphic Designer Re-list D $2,000 @ 13% Aug 10, 2007 Expired
188898 Mac for Graphic Designer Re-list C $2,250 @ 13% Aug 17, 2007 Loan created
348628 Second Prosper Loan - Debt Consolidation C $7,500 @ 31% Jul 31, 2008 Expired

 

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