p2p lending at lending club
Payoff credit card debt forever and become LENDER ONLY
Homeownership Verified

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Listing Information
Amount: $21,500.00 Status: Loan created
Grade: A DTI: 26%
Lender Rate: 13% Borrower: Qinvest2007
Time Left: 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198739 Payoff credit card debt forever and become LENDER ONLY A $24,500 @ 15% Sep 07, 2007 Withdrawn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

 

Discussion For This Listing
Sun, October 7, 2007
This is my listing and its a 100 % Funded just wanting to tell potential Lenders of a solid A Borrower with high income is looking for additional Bids to bring the rate down a bit. If you need a rock solid A for your portfolio at better than Money Market or Cd's Yields check out my Listing Thanks !!!!
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