Pay off credit cards
| Listing Information | |||
|---|---|---|---|
| Amount: | $9,200.00 | Status: | Loan created |
| Grade: | C | DTI: | 36% |
| Lender Rate: | 19% | Borrower: | reguy930 |
| Finished | State: | WA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-01-18 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Jan 18, 2008 | Current |
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Per Prosper, had to relist since my check for bank verification did not make it in the 10 day window (probably due to weekend and holiday) - they suggested I just relist. So here it is... My current Prosper loan has been a godsend in consolidating debt from a closed company and in consolidating payments to a more managable once per month. However, I need to address why the drop in credit score since my last loan. Earlier this year, I had to make a serious decision for my mother and move her to Seattle. Moving her from a good assisted living facility in Florida to Seattle was tough on both of us but given her health and need for a medical advocate to be with her, it was my responsibility to undertake. As she is on a fixed income, much of the move and settling into her new assisted facility in Seattle rested on me. And with assistance and help from the facility, we were able to identify new payments she was eligible for that have allowed her to cover her costs for the new facility - but while those government payments were pending approval and issuance - I covered those costs for her - because that is what was right and should be done. Having her 3 miles away and being able to help with her medical appointments and information has given us both good peace of mind. Now I need to right my financial ship by paying down that debt incurred. Second - my realtor job might cause concern - but the real estate business in the Seattle area continues to be good and our group is well positioned for the coming year with both buyers and sellers. While I am licensed as a realtor - I work as a licensed assistant for two successful real estate agents in the Seattle-area - giving me a minimum monthly income with a bonus from closed sales. But I also need to be practical and try to further reduce the monthly outlay given the continued uncertainty. The loan would allow me to consolidate what currently amounts to $450 monthly payments and allows me to make progress in paying in 3 years. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 87029 | Closing the business | A | $20,000 @ 19% | Jan 20, 2007 | Loan created |
| 251630 | Pay off credit cards | C | $9,000 @ 19% | Dec 16, 2007 | Cancelled |
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