Consolidating debt.
| Listing Information | |||
|---|---|---|---|
| Amount: | $11,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 44% |
| Lender Rate: | 14% | Borrower: | nicole26 |
| Finished | State: | OR | |
| Funded: | 100% | Group: | Super Clean Credit |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-12-31 | EricsCC ROI: | -62% |
| Status History | |
|---|---|
| Dec 28, 2007 | Current |
| Jul 15, 2008 | Late |
| Aug 01, 2008 | 1 month late |
| Sep 01, 2008 | 2 months late |
| Oct 01, 2008 | 3 months late |
| Nov 01, 2008 | 4+ months late |
|
Purpose of loan: I am in the process of becoming debt free, and am reaching out to the Prosper community to help further achieve this goal by consolidating my credit card debt at a lower interest rate. I will use this loan to consolidate credit cards and a loan. I will be able to save money by lowering my interest rates and I will also be able to pay the debt off faster than from paying the credit cards and loan monthly payments. I'm a good candidate for paying back this loan due to my income and strong desire to continue to improve my credit rating. Since, I have plans to purchase a home or condo once my bills and debt are paid down more. After my loan with Prosper, I'll save $169.91 a month. Also, I have some bills that will end in a few months, so my monthly expenses will be even lower ck. Card #1 1,500% 27 Card #2 3,000% 22 Card #3 4,250% 24 Card #4 2,000% 20 My financial situation:I have a secure job and pride myself on repaying my commitments. This loan will retire credit card debt to increase my cash flow and I could pay more for my loan. Thank you for your consideration of this loan. Monthly net income: $5,670 (together with my husband) Monthly expenses: $ 3,920 Housing: $ 905 Insurance: $ 180(for two cars) Car expenses: $750(for two cars) Utilities: $ 45 Phone, cable, internet: $ 145 Food, entertainment: $ 300 Clothing, household expenses $ 250 Credit cards and other loans: $750 Other expenses: $ 550 That makes 1,750 left for spending. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 182037 | Become debt free | A | $23,000 @ 21% | Aug 05, 2007 | Withdrawn |
| 188573 | Pay off debt | A | $22,000 @ 16% | Aug 16, 2007 | Withdrawn |
| 202243 | Consolidating debt. | D | $12,000 @ 24% | Sep 17, 2007 | Withdrawn |
| 202999 | Consolidating debt. | D | $12,000 @ 29% | Sep 18, 2007 | Loan created |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|