p2p lending at lending club
Trying to pay off high interest credit cards!
Homeownership Verified

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Listing Information
Amount: $5,000.00 Status: Loan created
Grade: B DTI: 42%
Lender Rate: 11% Borrower: recon_marine81
Time Left: Finished State: GA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: 4+ months late Origination Date: 2007-08-28 EricsCC ROI: -37%
Status History
Aug 28, 2007 Current
Nov 12, 2007 Late
Nov 29, 2007 1 month late
Dec 29, 2007 2 months late
Jan 30, 2008 3 months late
Mar 01, 2008 4+ months late
Purpose of loan:
I am a 26 year old young professional trying and I am trying to pay off a few high interest debts.

My financial situation: 

I have a few retail accounts that amount to about 2,500K which have a higher interest than I would like and don't want to roll them into any other lower interest credit cards. I would however like to use prosper to pay off that amount at a lower interest and use the remainding amount to reinvest into Prosper. I earn 30,000 annually and own my home with 3 roomates. I have never paid late on any financial agreement. The following is a breakdown of my income and expenses. Income CAN be verified.  Additional INFO: I work for a Bank and have very good references. I'm open to answering any questions you may have. Thank you again. 
Monthly net income: $ 1900.00

Monthly expenses: $ 1403
  Housing: $ 400
  Insurance: $ 50.00
  Car expenses: $ 388.00
    Phone, cable, internet: $ 50.00 
  Food, entertainment: $ 400.00
  Clothing, household expenses $ 0.00 
  Credit cards and other loans: $ 115.00

Borrower's Other Listings
182865 Trying to pay off high interest credit cards! B $5,000 @ 12% Aug 06, 2007 Expired

 

Discussion For This Listing
Fri, November 2, 2007
Great. This is my first 'late' loan. If it was true when he said this: "I have never paid late on any financial agreement." ... it ain't true anymore.

Mon, December 3, 2007
His girlfriend/future wife is the one who endorsed his loan. She has her own loan outstanding. Listing 76240.
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