Eric's Credit Community

Thank you for considering my loan. 

Purpose of loan:
Pre-marital debt consolidation. WSJ subscriber / Bank Loan Officer looking to reap the benefits of the free market! Seeking to consolidate existing credit card debt in order to start fresh as a newly wed.

My financial situation:
Young professional climbing the corporate ladder. Recently promoted to Loan Production Officer in leading national builder finance company. Never made a late payment let alone missed one. Never. Solid debt-to-income ratio, plus I am living rent-free for the next year before the wedding. Have 401k fund which could be borrowed from in emergency situations.

Current Debt:
Car Loan: $29,490 @ 0% (not paying down with proposed loan)
CC #1 $6,783
CC #2 $9,681
CC #3 $7,199
Personal LOC $3,332

TOTAL Short Term Debt: $27,175

Monthly net income: $3958 net salary + $5000 gross minimum guaranteed quarterly bonuses

Monthly expenses: $
Housing: $ 0
Insurance: $ 75
Car expenses: $590
Utilities: $ 150
Phone, cable, internet: $ 175
Credit cards and other loans: $150
Proposed Prosper payment: $850
Living Expenses: $400
Total: $2,240

Surplus- Salary Only: $1,718
Surplus- Salary + Bonuses: $2,251

As you can see, I have the necessary income to pay these loans presently and even more so in the future as I begin to catch up with the financial rewards of all my hard work. In addition to consolidating my current short term debt to simplify my repayment and free up my available credit lines, I am looking to improve my credit score by increasing my percentage of available balances and building on my perfect credit history.