Please help- title loan is killing me!!

| Listing Information | |||
|---|---|---|---|
| Amount: | $10,500.00 | Status: | Withdrawn |
| Grade: | D | DTI: | 53% |
| Lender Rate: | 35% | Borrower: | hardworker40 |
| Finished | State: | AZ | |
| Funded: | 1% | Group: | (No Group) |
|
Please help me! About two years ago, my fiance and I took out a car title loan for about $5000. I was going to have surgery and we wanted to get ahead with our bills since I would not be able to work for a few months. Well, this turned out to be the biggest mistake of our lives! The monthly payment for the title loan is about $500. Although the loan is in my fiance's name, we are both making payments since we have been living together for four years and jointly contribute to bills. As a result of the title loan, my credit rating has suffered and debt ration has increased. There have been quite a few times where we've had to sacrifice other payments in order to make the title loan payment. Please help us get rid of this loan and get out lives back. I am requesting $10,000 so that I can pay off the title loan and pay off to high monthly payment loans (car payment and M&I bank loan). I figure that this will release us from current outgoing expense of $1100 a month. With this burden off of us, we can contribute more funds towards the credit cards, school loans, etc. We'd like to get married in about a year but need to be in a better financial situation. Please help us get out of debt and reach our goal! I am willing to answer any questions. Thank you. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 108901 | Trying to consolidate debt - just need a break! | C | $3,000 @ 14% | Mar 09, 2007 | Loan created |
| 227818 | Need to consolidate & close credit cards! | D | $15,000 @ 20% | Nov 07, 2007 | Withdrawn |
| 251978 | Please help- title loan is killing me!! | E | $2,000 @ 23% | Dec 17, 2007 | Withdrawn |
| 280812 | Please help- title loan is killing me!! | D | $10,000 @ 23% | Feb 17, 2008 | Withdrawn |
| 312844 | Please help- title loan is killing me!! | D | $2,000 @ 26% | Apr 17, 2008 | Withdrawn |
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