p2p lending at lending club
Pay off high interest credit cards
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Listing Information
Amount: $5,597.00 Status: Withdrawn
Grade: B DTI: 51%
Lender Rate: 17% Borrower: korotw
Time Left: Finished State: GA
Funded: 31% Group: (No Group)
Purpose of loan:
This loan will be used to pay down high interest cards one at a time. 

My financial situation:
I am a firefighter who was injured in November of 2006, two days before closing on our house.  I was forced to resign from my second job, which was bringing home an additional 20K per year.  I was out of work and without a paycheck for 2 months.  When I came back to work I was put on a 40 hour schedule, which I am still on due to staffing requirements.  We got over exteded.  Our house was a fixer upper and I had no plans of being out of work for so long.  I thought it would be 4-6 weeks and I would be back at the firehouse and my second job.. Nope!  its a year n 1 month later and I am still working a 40 hour week up at fire headquarters. 

I am a good candidate for this loan because I pay all of my bills on time.  I am also only asking for the amount for two cards, one of which is at 26% and one of which is 22%.  The others range from 20% - 8.99%, but I figure asking for less for the first go around will prove that I can hold up my end of the deal and will put a nice dent in my debt situation.

Monthly net income: $ 2136

Monthly expenses: $ 
  Housing: $ 633
  Insurance: $ 129
  Car expenses: $ 366 = gas = $200
  Utilities: $ 82.50
  Phone, cable, internet: $ 32
  Food, entertainment: $ Grocery = 150
  Clothing, household expenses $ 0
  Credit cards and other loans: $ 500
  Other expenses: $ Dog = 35
Borrower's Other Listings
253162 Pay off high interest credit cards B $5,597 @ 14% Dec 19, 2007 Withdrawn
258991 Pay off two high interest credit cards RELIST #3 B $5,597 @ 17% Jan 02, 2008 Loan created
378201 Pay off two high interest credit cards RELIST #3 A $5,600 @ 10% Aug 12, 2008 Expired

 

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