p2p lending at lending club
Paying off credit cards
Homeownership Verified

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Listing Information
Amount: $24,000.00 Status: Withdrawn
Grade: C DTI: 31%
Lender Rate: 25% Borrower: Nil2008
Time Left: Finished State: GA
Funded: 1% Group: (No Group)
Purpose of loan:
This loan will be used to pay off my credit cards which were used extensiively to buy furniture last year when I purchased my new house. I am fedup of paying high interest rates to banks and want to be debt free in next three years

My financial situation:
I am a good candidate for this loan because? I do not have any problem paying the current credit card payments and have been doing it without any delinquincy for past year. I do make additional money from my bonuses and performance incentives which is paid quarterly and is about $ 10,000 anually over and above my monthly pay.

Amount mentioned against 'credit card and other loans' below would be paid to Prosper every month once I get this loan.

Monthly net income: $ 4600

Monthly expenses: $ 3825
  Housing: $ 1750
  Insurance: $ 125
  Car expenses: $ 200
  Utilities: $ 200
  Phone, cable, internet: $ 175
  Food, entertainment: $ 225
  Clothing, household expenses $ 150
  Credit cards and other loans: $ 900
  Other expenses: $ 100
Borrower's Other Listings
246280 Paying off credit cards C $24,000 @ 30% Dec 07, 2007 Withdrawn
247923 Paying off credit cards C $9,000 @ 27% Dec 10, 2007 Withdrawn
248352 Paying off credit cards C $11,000 @ 20% Dec 10, 2007 Loan created
404955 Paying off credit cards C $16,000 @ 21% Sep 27, 2008 Expired
410326 Paying off credit cards C $16,000 @ 35% Oct 08, 2008 Expired

 

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