p2p lending at lending club
Please help- title loan is killing me!!
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Listing Information
Amount: $10,500.00 Status: Withdrawn
Grade: D DTI: 53%
Lender Rate: 35% Borrower: hardworker40
Time Left: 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 D $15,000 @ 20% Nov 07, 2007 Withdrawn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 E $2,000 @ 23% Dec 17, 2007 Withdrawn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 D $10,000 @ 23% Feb 17, 2008 Withdrawn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 D $2,000 @ 26% Apr 17, 2008 Withdrawn

 

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