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Eliminating debt to pursue future business plans

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Listing Information
Amount: $15,000.00 Status: Expired
Grade: B DTI: 40%
Lender Rate: 16% Borrower: brak42
Time Left: Finished State: IL
Funded: 0% Group: (No Group)
Purpose of loan:
This loan will be used to eliminate my current credit card debt.  I am currently writing a business plan in order to open my own coffee shop (after working for Starbucks for over nine years) and I am looking to just take things one step at a time right now.  Once my personal debt is out of the way I can start working on getting the business loans needed to begin operation (be on the lookout for that listing in the future!).  This loan will help me eliminate my credit debt as well as give a specific time line to do so.  After that, I can focus on opening a wonderful meeting place for family and friends in a community that desperately needs it.  My personal debt is the only thing holding me back from opening an amazing place so I'm willing to do what it takes to get the wheels in motion!  Please contact me if you have any questions.

My financial situation:
I am the store manager for a GameStop store in the Chicagoland area.  I am a good candidate for this loan because my monthly income allows me to make sure that my loan payments will be made on time.  I will have no trouble making sure that my payments are made in a timely manner.  You can feel secure in your bid!

Monthly net income: $2200

Monthly expenses: $1875
  Housing: $600 (rent)
  Insurance: $100
  Car expenses: $225
  Utilities: included in rent
  Phone, cable, internet: $50
  Food, entertainment: $150
  Clothing, household expenses $0
  Credit cards and other loans: $750
  Other expenses: $
Borrower's Other Listings
249100 Eliminating debt to pursue future business plans B $15,000 @ 16% Dec 11, 2007 Expired
257196 Eliminating debt to pursue future business plans B $15,000 @ 16% Dec 28, 2007 Expired
260576 Eliminating debt to pursue future business plans B $15,000 @ 20% Jan 05, 2008 Expired
270936 RELIST-Eliminating debt to pursue future business plans B $15,000 @ 22% Jan 24, 2008 Loan created

 

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