p2p lending at lending club
Consolodation of Debt
Homeownership Verified

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Listing Information
Amount: $12,500.00 Status: Loan created
Grade: A DTI: 15%
Lender Rate: 13% Borrower: MatthewMB
Time Left: Finished State: FL
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2008-01-23 EricsCC ROI: 12%
Status History
Jan 21, 2008 Current
Jun 10, 2008 Payoff in progress
Jun 11, 2008 Paid
Purpose of loan:
This loan will be used to consolidate credit card debt and extend the pay back time.   During the last 2 years I have been involved as a caregiver for my father who passed away last September.  During the time I had to care for him I spent a great deal of money traveling back and forth to his home and thus began the spending on my Credit Cards. When he passed I found that I also was battling with a chronic illness.   Again I used my cards to carry me through. Though I have been able to maintain all my payments I would certainly like to reduce the monthly output by consolidating my debt into one payment.  At times everyone needs a break, this is my time.

My financial situation:
I am a good candidate for this loan because of my reliable background.  A long work history and good credit rating show that I am always concerned that bills be paid on time.  Over the last 30 years I have always made it a practice to pay more than the monthly payment due and to pay down the debt much sooner than expected. 
Borrower's Other Listings
257858 Consolodation of Debt A $12,500 @ 9% Dec 31, 2007 Expired

 

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