Pay off high interest card

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Listing Information
Amount: $7,000.00 Status: Loan created
Grade: B DTI: 20%
Lender Rate: 11% Borrower: la_developer
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2007-08-22 EricsCC ROI: 10%
Status History
Aug 27, 2007 Current
Sep 24, 2008 Payoff in progress
Sep 30, 2008 Paid
Hello Prosper Community

I?m seeking a loan to pay off a Bank of America credit card with a high APR.

Monthly net income: $ 5,000

Monthly expenses:
  Housing:     $ 1,230
  Insurance: $ 85
  Utilities:     $ 15
  Phone, cable, internet:     $ 160 
  Food, entertainment:        $ 500
  Clothing, household expenses $ 500 
  Credit cards and other loans: $ 1,300


After rent, car insurance, utilities, entertainment, savings, credit cards and living expenses are deducted from my monthly net pay, I still have over 20% of my monthly as discretionary $$$.

In my 20 year credit history with student loans, installment loans, credit lines and credit cards, if you add up the total amount borrowed (including revolving principal and interest) you would come up with a figure between $200,000 to $250,000.

Not once have I ever been late with a payment.

Thank you for your time.


Borrower's Other Listings
173281 Trying to get a breath of air above the surface of debt B $9,500 @ 12% Jul 23, 2007 Expired

 

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