p2p lending at lending club
Paying off last of high rate credit cards!

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Listing Information
Amount: $9,800.00 Status: Loan created
Grade: C DTI: 23%
Lender Rate: 18% Borrower: RagingBull51
Time Left: Finished State: IL
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2007-08-24 EricsCC ROI: 14%
Status History
Aug 28, 2007 Current
Sep 08, 2008 Late
Sep 25, 2008 Current
Purpose of loan:  Trying to consolidate three credit cards into one lower rate payment from the three super duper high rate payments I have now.   
(explain what you will be using this loan for)

My financial situation:  I have raised my credit scores over a hundred points in the last 18 months.  A lower rate on these last balances will put me over the hump.  I have two kids in college and one more headed there, so trimming expenses is very important to me.  I'd greatly appreciate your help! 
(explain why you are a good candidate for paying back this loan)

Monthly net income: $3900.00

Monthly expenses: $3104
  Housing: $ 926.00
  Insurance: $ 205.00
  Car expenses: $ 413.00
  Utilities: $ 50.00
  Phone, cable, internet: $160.00
  Food, entertainment: $ 250.00
  Clothing, household expenses $50.00
  Credit cards and other loans: $400.00
  Other expenses: $ 650.00
Borrower's Other Listings
301442 Second Propser Loan -- Perfect Payment Record on First Loan D $12,500 @ 21% Mar 29, 2008 Expired
306044 Second Propser Loan -- Perfect Payment Record on First Loan D $9,500 @ 16% Apr 08, 2008 Loan created

 

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