Car & Credit Clean Up
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,001.00 | Status: | Loan created |
| Grade: | HR | DTI: | 6% |
| Lender Rate: | 27% | Borrower: | jenhen24 |
| Finished | State: | GA | |
| Funded: | 100% | Group: | MustardTree |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Default | Origination Date: | 2006-07-24 | EricsCC ROI: | -64% |
| Status History | |
|---|---|
| Jul 21, 2006 | Current |
| Jan 10, 2007 | Late |
| Jan 24, 2007 | 1 month late |
| Jan 26, 2007 | Current |
| Apr 08, 2007 | Late |
| Apr 25, 2007 | 1 month late |
| May 25, 2007 | 2 months late |
| Jun 25, 2007 | 3 months late |
| Jul 25, 2007 | 4+ months late |
| Aug 28, 2007 | Default |
|
So far, I?ve paid off two items on my credit report. I'm a real estate sales person and when I have reliable transportation I do very well. One day I hope to become a lender too. I have deals in the pipeline. The ones that are firm have brought me income of approx. $10,000. Given the nature of my income (commission), I keep some to cover future monthly expenses. Most recent pay stub & proof of one credit report payment send to GL on 7/15. Still working on major deals - $2m+ deals all together. I have a good pipeline going. I get referrals from as far away as Canada which includes people buying commercial and investment property. Finding client is not the problem--utilizing resources is the major issue. Apart from stuff on my credit report (now $1000 should clear that up), I do not have a large monthly budget, although the rental adds another $800+ per month. Based on discussion with 3 of the 4 creditors/collectors $920 will clear my credit report. The remaining one is not a debt and should be removed. I asked the collection agency to delete it. I?ve written the 3 credit reporting agencies to remove inaccuracies from my credit report. If funded I will use $2600 (had to switch to dealer who didn?t put so many inquiries on my credit report) as dpmt on a car- approx. $12,000 & $400 to pay off collection items on credit report. Monthly budget will be: rent - 934; car loan - 340; insurance (car/renters) - 180; Prosper loan - $150; food, etc. - $400; utilities - 261; fuel, etc. - 150; kids allowance - 80; savings - 180; tithe ? 308 ? Total $2983. Approx. monthly income $3083. Right now I have to shift stuff around to pay for the rental. Finally, the happy ending will be reliable transportation, improved credit score for timely paying back my prosper loan and the auto loan, as well as paying off the collections on my credit. I?ll be happy to address any questions or concerns. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 17817 | I Need a Car | HR | $3,500 @ 15% | Jun 05, 2006 | Withdrawn |
| 19594 | Need a Car & More | HR | $3,500 @ 27% | Jun 13, 2006 | Expired |
| 20861 | Still Need a Car | HR | $3,500 @ 27% | Jun 21, 2006 | Withdrawn |
| 21750 | Need a car | HR | $3,001 @ 27% | Jun 26, 2006 | Expired |
| 23374 | Car & Credit Clean Up | HR | $3,001 @ 27% | Jul 06, 2006 | Expired |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|