Single Mom Need to consolidate high interest credit cards
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,152.00 | Status: | Loan created |
| Grade: | B | DTI: | 15% |
| Lender Rate: | 13% | Borrower: | VirtuousWm49 |
| Finished | State: | MD | |
| Funded: | 100% | Group: | No Bull Investors - We Invest In Good Borrowers |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-08-13 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| Aug 11, 2007 | Current |
| Mar 22, 2008 | Payoff in progress |
| Mar 28, 2008 | Paid |
|
Purpose of loan: To consolidate high interest credit cards and purchase a second car for responsible teenage daughters. My financial situation: For the past 7 years since my divorce I have been trying to get back on my feet. In the first 3 years of my divorce, due to lack of child support payments, my ex owes me over $35,000.00 in back child support. Presently, the enforcement agency is going after him for these funds. I have had to use credit cards to help clothe and feed my children. I have worked on my job as an Engineer with the Federal Government for 29 ½ years, so I do have stability as far as employment. I plan on staying with this job until retirement in the next 5 to 8 years. I would like to retire debt free if possible. This loan will be paid on time every month because I am committed to keeping good credit. I also need to purchase a second car so my girls can get to their highschool sports practices and games. This way I can work overtime on some days to help bring in more income to the family. I am determined and committed to do whatever is needed to provide for my family. One day I plan on being a lender on posper.com so that I can help those who are in need. Thank you for taking the time to read my request and hopefully bid on my loan. May God richly bless you. Monthly net income: $4578 + 775 (child support payments thru wage garnishments) Total: 5353.00 Monthly expenses: $4393 Housing: $ 2587 (inculdes HOF and housing insurance and property taxes) Insurance: $ 128 (car) Car expenses: $ 468 Utilities: $ 244 (electric and water) Phone, cable, internet: $ 143.00 Food,cell phone, entertainment: $450.00 (flexible can be lower) Clothing, household expenses $ 200.00 (flexible can be lower) Credit cards and other loans: Emerge Visa 23.00 mthly fee owe 2288 (will payoff with this loan) acct closed Emerge MC 60.00 mthly fee owe 1940 (wil payoff with this loan) acct closed TMB Visa 50.00 mthly fee owe 2629 (will payoff with this loan) Sears 20.00 mthly fee owe 312 (will payoff with this loan) Capital One MC 20.00 mthly fee owe 693 (will payoff with this loan) Cash flow after bills:960.00 |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|