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Pay for Car & Help My Kids in College
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Listing Information
Amount: $18,000.00 Status: Loan created
Grade: AA DTI: 36%
Lender Rate: 15% Borrower: proudmomoffour
Time Left: Finished State: MI
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-02-01 EricsCC ROI: 13%
Status History
Feb 03, 2008 Current
Purpose of loan: 
With your help I can finally help my husband and my kids in a meaningful financial capacity.  They do so much for me, now I want to help all of them.  With this loan I will pay off our car loan (which is at a high interest rate), help my three college students in various ways, and finish paying off our credit cards.  Our monthly payments will not only be reduced, but everything will be paid in 36 months.

My financial situation:
I've always been the careful money-manager in the family, while working with my kids to show them responsible money-management.  My husband is the hard worker in the family with the big dreams.  He works long hours to achieve his dreams and I work hard to keep our finances in good shape.  My credit is good, our income is more than adequate, and we look forward to paying you interest on a very safe loan.  We win, you win.  Thank you for your interest and your help.


Monthly net income: $3200 for me and $3500 for my husband, who has been in this with me through thick and thin!
Total monthly income: $6700

Monthly expenses:
Housing: $ 1400  
Insurance: $ 85  
Car expenses & loan: $ 650  
Utilities: $ 275 
Phone, cable, internet: $ 125  
Food, entertainment: $ 200  
Clothing, household expenses $ 320  
Credit cards and other loans: $ 120  
Other expenses: $ 400
Total monthy expenese: $3575
Borrower's Other Listings
266672 Pay for Car & Help My Kids in College AA $22,000 @ 15% Jan 16, 2008 Withdrawn

 

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