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Help rid a Navy sailor of his credit card debt
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Listing Information
Amount: $6,000.00 Status: Loan created
Grade: D DTI: 18%
Lender Rate: 18% Borrower: NavyDoc01
Time Left: Finished State: CA
Funded: 100% Group: BORROWERS - Free instant Listings - LARGEST GROUP
Loan Information
Loan Status: Current Origination Date: 2007-09-25 EricsCC ROI: 14%
Status History
Sep 23, 2007 Current
Purpose of loan:
The purpose of this loan is rid myself of high interest credit card debt/ debt elimination. I am sure you as a lender would like a little background as to how and why I am in the financial situation I am in. Basically, after returning from Iraq I had a hard time adjusting. I suffered from PTSD (Post-Traumatic Stress Disorder), so much so that I go out of the Navy because I had seen enough. On top of that I got divorced about three months after I returned home. I was wasn't working because I was so in pretty bad shape emotionally from the war and the divorce. I basically lived off my credit cards and worked odd jobs to survive. I finally got the helped I needed. I re-joined the Navy because I love helping sick and hurt people get better. I actually had better than average credit up until I about 9 months ago. I am hoping to get back on track, eliminate my debt and free myself of the credit card black hole. Right now I am only making minimum payments which is getting me nowhere. Please consider helping get back to being debt free. If I am not what you are looking for, good luck in your search to find a borrower.

My financial situation:
My intent is to pay off this loan well before the 3 year time period allotted. As you can see from my financial information below, I am making huge minimum payments on a monthly basis. I would gladly take the same money and apply it to a loan.

Monthly net income: $ 4541.78

Monthly expenses: $
  Housing: $ 650
  Insurance: $ 102
  Car expenses: $ 144
  Utilities: $ 35
  Phone, cable, internet: $ 100
  Food, entertainment: $ 200
  Clothing, household expenses $ 100
  Credit cards and other loans: $ 800 <---This is making just minimum payments
  Child Support: $ 350
  Social Security $160
  Federal Income Tax $285
Borrower's Other Listings
197715 Help a rid a Navy sailor of his credit card debt D $25,000 @ 22% Sep 05, 2007 Withdrawn
197724 Help a rid a Navy sailor of his credit card debt D $20,000 @ 21% Sep 05, 2007 Withdrawn
197727 Help a rid a Navy sailor of his credit card debt D $20,000 @ 21% Sep 05, 2007 Withdrawn
198225 Help rid a Navy sailor of his credit card debt D $6,000 @ 22% Sep 06, 2007 Withdrawn

 

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