Payoff credit card debt forever and become LENDER ONLY

| Listing Information | |||
|---|---|---|---|
| Amount: | $21,500.00 | Status: | Loan created |
| Grade: | A | DTI: | 26% |
| Lender Rate: | 13% | Borrower: | Qinvest2007 |
| Finished | State: | IN | |
| Funded: | 100% | Group: | Have Money - Will Bid |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 1 month late | Origination Date: | 2007-10-10 | EricsCC ROI: | -33% |
| Status History | |
|---|---|
| Oct 09, 2007 | Current |
| Oct 25, 2008 | Late |
| Nov 11, 2008 | 1 month late |
|
Purpose of loan: Payoff credit card debt permanently and free up more cash for investment purposes including loans to prosper community. We are ready to have financial freedom from all debt except for a mortgage in 3 years. My financial situation: My wife and I have been married 26 years and are both commited to making this plan a reality. We are both professionals and enjoy our work and plan to continue long term in our fields. We are in good health and physically active. We also are planning on trading 1 car for a 200 reduction monthly. We currently save a combined 1500.00 a month pre tax for retirement. We both would like to increase this amount. We wil fund this auto-deduct and make it our #1 priority bid with confidence. You won't see us borrow again for credit cards as they will never be much of a factor in our lives again. I made an error and forgot my secret question that is why I did not fund on my last listing I have written it down . Also some expenses are now lower than before. Retirement savings has also been increased. Thanks J & R Monthly net income: $ 5800 for me my wife is 2700 for 8500 a month Total Monthly expenses: $ 5312 Housing: $ 2187 Insurance: $ 145 Car expenses: $858 Utilities: $ 220 Phone, cable, internet: $ 215 Food, entertainment: $ 340 Clothing, household expenses $ 250 Credit cards $ 1050 Other expenses: $ 0 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 198739 | Payoff credit card debt forever and become LENDER ONLY | A | $24,500 @ 15% | Sep 07, 2007 | Withdrawn |
| 200387 | Payoff credit card debt forever and become LENDER ONLY | A | $21,500 @ 12% | Sep 11, 2007 | Cancelled |
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Discussion For This Listing
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