Second Prosper Loan!!!

Click Here to view this listing on Prosper
Listing Information
Amount: $5,000.00 Status: Loan created
Grade: B DTI: 36%
Lender Rate: 13% Borrower: Freedom4Life
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2007-11-15 EricsCC ROI: 12%
Status History
Nov 14, 2007 Current
Jul 17, 2008 Payoff in progress
Jul 22, 2008 Paid
  This will be my second prosper loan! I have made every payment on time and will continue to do so. Thank you so much to all bidders as you all have helped me succeed at paying down my debt. My first Prosper loan payed off my two highest interest credit cards. Now I will be paying off my GM Card that is at 18.24%. I would prefer to pay you investors instead of the GM Card. I will likely pay this loan off early; how early, I don't know . Like I said in my first loan, as I pay off my debt my interest rates have and will continue to go down. 
 
    I have been working to pay off my debt for too long. I now see the light of the end of the tunnel with Prosper and with investors like you. My first loan enabled me to apply a larger payment to my remaining debt and it has been working. My car is paid off and will last me at least 4 more years. I have been saving for home and have been guarding my credit score vigilantly. 

    My first loan paid off these two credit cards:
    Sears                            $1557 @ 25.4%
    Bank of America/MBNA  $1544 @ 21.49%    

    This loan will pay off my GM Card which has a balance of $4978.11 @ 18.24 %.

I have been paying all my bills on time. I have not and will not be late with payments. And I appreciate your help again. Thank you for your help and thanks for bidding!
Borrower's Other Listings
105720 Debt Consolidation/I want to pay off my debt faster! B $3,000 @ 12% Mar 02, 2007 Withdrawn
107612 Consolidate High Interest Credit Cards B $3,000 @ 13% Mar 06, 2007 Withdrawn
114492 Tired of paying them, would rather pay YOU!! B $3,000 @ 12% Mar 22, 2007 Loan created

 

Discussion For This Listing

No Comments Found For This Listing

Post A Comment
You must be logged in to post comments on listings. Not yet a member? register here