Help With Payday Loan Fiasco.
| Listing Information | |||
|---|---|---|---|
| Amount: | $2,000.00 | Status: | Loan created |
| Grade: | D | DTI: | 48% |
| Lender Rate: | 17% | Borrower: | iwantoutofdebt |
| Finished | State: | OK | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-08-21 | EricsCC ROI: | 14% |
| Status History | |
|---|---|
| Aug 27, 2007 | Current |
|
Purpose of loan: To pay off very high interest payday loans. My financial situation: Due to one daughters medical bills from surgery and downpayment for another daughters braces, I got behind on a number of bills and found myself in the office of a payday loan shark. This is a vicious cycle that is almost impossible to break free from due to the unbelievable high interest these places charge. I want to break free from this bondage, and have definately learned a very valuable lesson. This loan will help me to payoff the payday debt, and free up alot of extra cash to pay my Prosper loan and credit card bills. I have absolutely no negative entries on my credit report, only high debt amounts which are why my score is low.. Thanks so much for considering me. My plan is to pay the Prosper loan off as fast as I can to prove that I am a worthy credit risk, and to then persue another Prosper loan to tackle the high interest rates of my credit cards. I promise you won't be sorry if you fund me. Monthly net income: $ 2500 (after taxes, 401k, insurance, etc.) 500 (401K loan that ends in September) 3000 Monthly expenses: $ Housing: $ 425 (shared) Car Insurance: $ 123 Car 1: $ 185 Car 2: $195 (daughters car) Utilities: $ 200 (shared) Groceries: $200 (shared) Credit Cards: $500.00 Gas: $200.00 St. Loan: $150.00 Total Expenses: $ 2178.00 $822.00 left after expenses to pay prosper loan payment and create a savings cushion. Bills I will pay with Prosper Loan: First Bank of Delaware: $1000 Americash Advance: $600 Check N Go: $ 400 Again, I thank you for your consideration and promise that my payments will always be made ontime with the automatic payment plan. If you choose to fund me, you will not be sorry. Please contact me with any questions that you might have. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 181241 | Payday Loan Fiasco | D | $3,000 @ 19% | Aug 03, 2007 | Withdrawn |
| 186189 | Help With Payday Loan Fiasco. | D | $2,000 @ 19% | Aug 13, 2007 | Withdrawn |
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