p2p lending at lending club
Goodbye Credit Card!

Click Here to view this listing on Prosper
Listing Information
Amount: $5,000.00 Status: Loan created
Grade: B DTI: 0%
Lender Rate: 13% Borrower: collegeadvocate
Time Left: Finished State: MN
Funded: 100% Group: Credit Card Consolidation
Loan Information
Loan Status: Current Origination Date: 2007-12-20 EricsCC ROI: 10%
Status History
Dec 20, 2007 Current

Purpose of loan:
I?m going to keep this short and sweet. Last year I got sick so I was forced into a situation where I had to basically live off my credit card. Now I?m doing better and have a decent paying job, its time I get rid of this high interest credit card, and get my life back. Since this job is new, I cannot verify through prosper as I have no w-2. However I?m willing to answer any questions you have for me.

My financial situation:
Currently I have nearly $4800 on my credit card this loan will completely pay it off. The other $200 will be set aside for emergency use only. Below I have put together my expected monthly income and expenses. Please note that I have moved back home with my parents until I can get out of debt so I am not paying rent or utilities. All the expenses listed except for medical are larger amounts than what they normally are; I have overstated them to give myself a little bit of cushion

Income
$800 Wages (After deductions)
$100 Mystery Shopping
$80 Stipend
$15 Notes Receivable
$995 Total

Expenses
$(160) Gas and Vehicle
$(225) Loan Repayment
$(225) Tuition Payment
$(175) Food and Personal Care
$(125) Medical Bill
$(910) Total

Even with the inflated expenses the difference between the two figures ends up to be +$85.

Closing Statement:

I would just like to thank you for reading through my request and considering funding my loan. I?d like to get back on track and appreciate this hand up.

Borrower's Other Listings
208401 Goodbye Credit Card! B $5,000 @ 15% Sep 28, 2007 Expired
210973 Goodbye Credit Card! B $5,000 @ 15% Oct 04, 2007 Expired
411935 Pay Off Prior Loan and Tuition B $5,000 @ 10% Oct 11, 2008 Cancelled

 

Discussion For This Listing

No Comments Found For This Listing

Post A Comment
You must be logged in to post comments on listings. Not yet a member? register here