p2p lending at lending club
Wanting to get a good rate to pay off debt faster
Homeownership Verified

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Listing Information
Amount: $20,000.00 Status: Loan created
Grade: B DTI: 54%
Lender Rate: 18% Borrower: Polaris
Time Left: Finished State: MN
Funded: 100% Group: BORROWERS - Free instant Listings - LARGEST GROUP
Loan Information
Loan Status: Default Origination Date: 2007-12-26 EricsCC ROI: -56%
Status History
Dec 24, 2007 Current
Jun 10, 2008 Late
Jun 28, 2008 1 month late
Jul 27, 2008 2 months late
Aug 28, 2008 3 months late
Sep 27, 2008 4+ months late
Oct 03, 2008 Default
Purpose of loan:
This loan will be used to help pay off debt faster with lowe interest rate.

My financial situation:
I am a good candidate for this loan because I have great credit, never have missed any payments.  I am a business man and have business that are profitable.  I am always looking for a way to pay down debt faster and save money.

Monthly net income: $ 5000

Monthly expenses: $
  Housing: $ 2000
  Insurance: $ 250
  Car expenses: $600
  Utilities: $ 150
  Phone, cable, internet: $ 75
  Food, entertainment: $ 300
  Clothing, household expenses $ 50
  Credit cards and other loans: $ 300
  Other expenses: $ 100
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