Relist - So close yet so far
| Listing Information | |||
|---|---|---|---|
| Amount: | $16,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 48% |
| Lender Rate: | 11% | Borrower: | marimari |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-09-14 | EricsCC ROI: | 11% |
| Status History | |
|---|---|
| Sep 13, 2007 | Current |
| Oct 10, 2008 | Payoff in progress |
| Oct 16, 2008 | Paid |
|
Purpose of loan: Pay off high interest credit cards My financial situation: This loan will be used to pay off credit cards only. As you can see, Prosper has graded my credit as AA and my DTI will remain at 35% (not 48% as shown above) since I'm, in effect, trading credit card debt for a Prosper loan. No purchases will be made from the monies funded. I'm adament about paying my bills on time and in full. Why so I have so much debt, you ask. I've paid for my schooling and house repairs with credit cards. Now that school is over and my house isn't falling apart, it's time to pay the piper. I've been in the accounting field for over 10 years and with my current employer for 2 years as a Staff Accountant. I was with my previous employer for 3 years, and 5 for the employer before that. My employer does yearly raises in October and because I had an outstanding review, I expect a decent sized raise this year. Also, the Accounting Manager will be leaving next year and I'm being trained to take her position. The advancement will come with another raise because of the added reponsiblities. Monthly net income: $ 3300 + $450 room rental Monthly expenses: $ 3540 Housing: $ 1000 Insurance: $ 100 Car expenses: $ 800 Utilities: $ 80 Phone, cable, internet: $ 60 Food, entertainment: $ 300 Clothing, household expenses $ 100 Credit cards and other loans: $ 1000 Other expenses: $ 100 Credit Cards to be paid off with Prosper loan: CC 1 - $9500 @ 30.00% CC 2 - $3390 @ 29.90% CC 3 - $1330 @ 22.15% CC 4 - $2000 @ 15.90% This is a relisted loan listing. The first listing reached 92% funding for $25K before the listing expired. As I said in the listing title, so close yet so far. Thank you all for your consideration and a big thanks to all of you that make this loan reach 100%. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 191945 | Get rid of credit card debt from school & business ventures | AA | $25,000 @ 18% | Aug 23, 2007 | Expired |
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