Relist, Low DTI, 707 credit score
| Listing Information | |||
|---|---|---|---|
| Amount: | $6,500.00 | Status: | Loan created |
| Grade: | C | DTI: | 18% |
| Lender Rate: | 18% | Borrower: | 4YearsNeverLate |
| Finished | State: | MA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 1 month late | Origination Date: | 2007-10-04 | EricsCC ROI: | -38% |
| Status History | |
|---|---|
| Oct 04, 2007 | Current |
| May 24, 2008 | Late |
| Jun 10, 2008 | 1 month late |
| Jun 14, 2008 | Current |
| Jun 19, 2008 | Late |
| Jul 09, 2008 | 1 month late |
| Aug 02, 2008 | Current |
| Sep 19, 2008 | Late |
| Oct 06, 2008 | 1 month late |
| Oct 21, 2008 | Current |
| Oct 22, 2008 | Late |
| Nov 05, 2008 | 1 month late |
|
Purpose of loan: I came close to securing the funding on my last listing but fell a bit shy. I am relisting here with the hope that a 10 day listing may help. My experian credit score is 707, and I have a low DTI of 14% (18% if this loan is approved). I am seeking to consolidate the few remaining debts that I have so that I owe only two debts in my life (my car loan and this loan). I have a yearly pension of $46,000 (retired young) and also have a reliable part time position that pay's me close to $30,000 per year. I also have a stuctured settlement payment due next July, so repaying this debt would be fairly easy. By paying off my credit cards with this loan I will also be improving my credit score which will help me in my goal of purchasing a new home next spring. I have only one negative mark on my credit report from 4-5 years ago which has been paid off but remains showing as delinquent with the original creditor. I have worked hard to rebuild my credit rating over the past 4 years and have not been late with a single payment. My financial situation: I have a high fixed steady income of $46,000 per year (pension), along with a part time income of approx. $30,000 per year which makes repaying this loan fairly easy. I also have a structure settlement due next July which would more than suffice to pay off all my debt in advance. Monthly net income: $ 6500.00 Monthly expenses: $ Housing: $ 1030 Insurance: $ 100 Car expenses: $ 300 Utilities: $ 150 Phone, cable, internet: $ 200 Food, entertainment: $ 200 Clothing, household expenses $ 250 Credit cards and other loans: $ 500 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 188697 | 4YearsNeverLate | D | $10,000 @ 18% | Aug 17, 2007 | Expired |
| 190040 | Good steady income, Never Late with payment in past 4 years | D | $6,500 @ 18% | Aug 23, 2007 | Expired |
| 196951 | Third time a charm? 707 credit score | D | $6,500 @ 18% | Sep 04, 2007 | Expired |
| 203155 | New rating of "C" with 707 credit score | C | $6,500 @ 18% | Sep 18, 2007 | Expired |
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