p2p lending at lending club
@@ Pay Off Credit Card Debt @@@@

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Listing Information
Amount: $18,000.00 Status: Expired
Grade: A DTI: 45%
Lender Rate: 16% Borrower: kec241
Time Left: Finished State: CA
Funded: 0% Group: 435 Supporting Lenders - Get FUNDED @ LOWER % than ANY group
I?m looking for this loan so I can pay off my last high Interest Credit Card Debt (Wedding Ring).  And I will also be paying off my first Prosper Loan. So I will only have one Payment.

I have been paying on my last Prosper Loan for 18 Months and never missed a payment.

My credit score has been climbing every month and I want to keep that upward trend. This loan will be paid without fail. So bid with confidence.

My debt to income ratio should be lower but has gone up after asking for the loan. The loan money will be paying off my debt so it will be the same as it is before...
See Prosper description for DTI

Many borrowers state that they are planning to use their Prosper loan proceeds to pay down other debt. The DTI calculation includes both the Prosper loan and any debt they may intend to pay down. Should the borrower pay down other debt with the loan from Prosper, their actual DTI will lower than what is displayed on Prosper.
Borrower's Other Listings
24182 @@ Pay Off Credit Card Debt @@@@ C $12,000 @ 16% Jul 11, 2006 Loan created
271410 @@ Re-list--Pay Off Credit Card Debt @@@@ A $17,900 @ 17% Jan 25, 2008 Expired
276134 Paying off Last High Intrest Credit Card & Wedding A $18,000 @ 16% Feb 05, 2008 Loan created

 

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