Engineer - Looking to consolidate Bills
| Listing Information | |||
|---|---|---|---|
| Amount: | $9,500.00 | Status: | Expired |
| Grade: | C | DTI: | 35% |
| Lender Rate: | 17% | Borrower: | IncomeStreamBuilder |
| Finished | State: | MI | |
| Funded: | 0% | Group: | Achieve Greatness |
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Hello! I'm an engineer located in Michigan. I've already had 1 Prosper Loan and it worked great to consolidate some payments. It helped me free up some extra monthly payment to pay off debt quicker and at the same time improved my Debt to Income Ratio. My current focus is to improve my overall financial picture and this loan will allow me to consolidate a credit card and another loan and give me a much lower interest rate and a little lower monthly payment. Below is some data on my current situation and strategy. Income after taxes: ~$3100/mo Mortage Payment: $1100/mo Cable/Internet: $60/mo Car Insurance: $430/every 6 months Life Insurance: $300/annually Student Loans: $220/month <--------any extra free'd up will go at paying these off quickly This is what I will pay off with this Prosper Loan: Line of Credit: $40/mo <-------- will eliminate with this loan - balance $750 Chase Credit Card: $175/mo <-------- will eliminate with this loan - balance of $5000 Bank of Am Credit Card: $250/mo <-------- will eliminate as much of this as I can If you have any questions, don't hesitate to click on the link to contact me! Thanks! |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 84612 | Engineer - Looking to consolidate Bills | C | $4,500 @ 12% | Jan 13, 2007 | Loan created |
| 235996 | Engineer - Looking to consolidate Bills | C | $9,500 @ 19% | Nov 22, 2007 | Expired |
| 297463 | Engineer - Looking to consolidate Bills | B | $10,000 @ 12% | Mar 22, 2008 | Loan created |
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