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Peace n Blessings
Homeownership Verified

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Listing Information
Amount: $2,000.00 Status: Loan created
Grade: D DTI: 16%
Lender Rate: 17% Borrower: starr22
Time Left: Finished State: MI
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2007-08-20 EricsCC ROI: 13%
Status History
Aug 27, 2007 Current
Purpose of loan:
The primary purpose of this loan is to help send my son to college. He is a great kid but given my financial situation at the present.   I fear that he may not be able to attend college as a freshman in the fall.  He has received a couple of schlarships and some financial aid.  I do not qualify for the Parent Plus Loan due to medical expenses and other bills that were reported on my credit report due to my accident.  I am really trying to get a handle of these issues so that I can put a "Smile" on my sons face.  The purpose of the loan is to help cover books, tuition and other expenses.

My financial situation:
I have maintained a secured job position for over 23 years. I am a very dependable person, but i have just not received the biggest breaks. Due to certain circumstances, my credit is not as good as it should be but with my steady income now, I would be able to pay off loans given to help send my child to college. I was in a car accident in September of 2006 in which I sustained multiple fractures which caused me to miss 3 months of work and recieve only 60% disablility pay. This pay created a problem for me because I started falling behind on credit cards and other bills. I was elated with the idea that I would be able to return to work because I knew that it would get me back on the right financial path. Since then, I have been employed full time, recieving 100% pay. It has been a very long journey, but with my steady income, I know that I would be able to pay back any loans given for something as important as my child's education and future.

Monthly net income: $ 3000

Monthly expenses: $
  Housing: $ 850
  Insurance: $200
  Car expenses: $ 141
  Utilities: $ 150
  Phone, cable, internet: $ 0
  Food, entertainment: $ 100
  Clothing, household expenses $ 100
  Credit cards and other loans: $ 200
  Other expenses: $ 0
Borrower's Other Listings
164286 Peace n Blessings D $10,000 @ 22% Jul 08, 2007 Expired
167921 Peace n Blessings D $9,000 @ 22% Jul 12, 2007 Expired
174143 Peace n Blessings D $3,000 @ 22% Jul 22, 2007 Expired
180362 Peace n Blessings D $3,000 @ 21% Aug 02, 2007 Expired

 

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