Raised my credit! Looking to consolidate and pay faster!
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,075.00 | Status: | Expired |
| Grade: | C | DTI: | 25% |
| Lender Rate: | 10% | Borrower: | rowangray |
| Finished | State: | CT | |
| Funded: | 0% | Group: | (No Group) |
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Relisting after partially funding as a D, then raising credit to C. I maintain a thread on the forums in which I've answered questions, discussed goals, plans and actions. Find it here: http://forums.prosper.com/index.php?showtopic=28979 My focus is paying off debt and creating a "cash only" life. Consolidating payments will increase my ability to pay debt quickly and lower my interest. My cap is 10.3% which I understand is low for an investment, however I am a solid, stable borrower who will not default. That would be counterproductive and ungrateful to those who bid on and help me. Since last listing: 1) I continue to decrease debt- $30 a week is assigned (in addition to minimums) towards paying off one debt at a time. 30% of all income from my direct sales business and any surprise extra is also used to pay down debt. 2) I am building an emergency account in high interest savings. $10 of my check per week is added as well as 4% of other income described above. 3) I have taken my sales business to the next level, with a promotion involving higher bonuses on my sales and the sales of my team. Recent efforts have provided a booked Fall and several potential new team members. This will increase my extra income. Monthly net: $2534 from FT job, does not include ds income Expenses: $2482.01 Household: $912.54 Total Car: $499.79 Grocery, charity, entertainment, misc: $650 Credit cards and other loans: $419.68 (inc. extra $30/wk) Loan will pay in full: Fuel account- $389.77 @ 18%, $50/mo Target Visa- $897.15 @ 19.24$, $24/mo Dell- $1355.18 @ 26.99%, $41/mo HD loan- $1938.94 @ 17.99%, $88.68/mo HD Card- $2414.49 @ 21%, $66/mo Current/mo: $269.68 Prosper: $229.29 Save $40.39/mo, 7.69%-16.69% interest and years of payments! I will take this savings and the current $30/week extra to pay off the 0% Capital One Card ($741.94) before it reverts to 14.9% interest. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 156584 | Better life | D | $5,000 @ 10% | Jun 22, 2007 | Withdrawn |
| 157678 | Consolidating debt and feeling good again! | D | $10,000 @ 10% | Jun 25, 2007 | Expired |
| 161807 | Hardworking Mom needs help! Relist w/ more detail @ Max rate | D | $10,000 @ 10% | Jul 02, 2007 | Expired |
| 166323 | Seeking a birthday blessing! Relist, less $, max % allowed | D | $7,000 @ 9% | Jul 10, 2007 | Expired |
| 171745 | Taking advice from forum lenders- thank you for input! | D | $2,490 @ 10% | Jul 18, 2007 | Expired |
| 178386 | I have a plan, you'll have a steady return | D | $2,490 @ 10% | Jul 30, 2007 | Expired |
| 184325 | Relist- Changing my credit life, serious and steady | D | $2,000 @ 10% | Aug 09, 2007 | Expired |
| 222083 | Raised my credit! Looking to consolidate and pay faster! | C | $3,661 @ 10% | Oct 29, 2007 | Loan created |
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