Consolidating Credit Cards
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,500.00 | Status: | Loan created |
| Grade: | B | DTI: | 18% |
| Lender Rate: | 13% | Borrower: | dhe50 |
| Finished | State: | IL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-12-26 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Dec 24, 2007 | Current |
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Purpose of loan: This is a fourth attempt to fund a debt consolidation loan. My first listing was fully funded, but was canceled as I never received my address verification card from Prosper. I pulled my second and third as they weren't funding well; I'm new to Prosper and don't think I selected a high enough interest rate to attract lenders! I am approaching Prosper as I wish to beat my credit cards companies to an anticipated rate hike; I want to cut up the cards and have a low, regular monthly payment. My financial situation: I am an administrative assistant with a Chicago-based, international non-profit. We help people in need all over the world: from the recent typhoon in Bangladesh to empowering women in rural villages, we're there! I recently moved to the area (thus my short term of employment) to be closer to my girlfriend. I am reliable: I have never missed a credit card/loan payment. My basic information: I have no dependents, and have never married. I don't own a car (I use metro to get around). I am a recent college graduate who used credit cards too often instead of taking a part-time job while in school (big mistake!). I have three active credit accounts--one with a low balance ($50) and a 20% rate that I will close next month; another with a high balance (around $7,200) and a low introductory rate that will soon go very high; and one more with a balance of roughly $1,500 and a moderate rate--11%. Thank you for taking the time to look at my loan request! Monthly net income: $2000 after taxes. Monthly expenses: Housing: $ 377.50 Insurance: $ 150 Car expenses: $ 0 Utilities: $ 15 (everything but electricity included in rent) Phone, cable, internet: $ 50 (home phone and internet only) Food, entertainment: $ 150 Clothing, household expenses $ 150 Credit cards and other loans: $ 300 Other expenses: $ 100 (savings) |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 238650 | Debt consolidation | B | $5,000 @ 15% | Nov 27, 2007 | Cancelled |
| 248275 | Debt consolidation | B | $6,000 @ 13% | Dec 10, 2007 | Withdrawn |
| 248953 | Consolidating Credit Cards | B | $6,000 @ 14% | Dec 11, 2007 | Withdrawn |
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