Pay off Funeral Expenses and Medical Bill
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Expired |
| Grade: | D | DTI: | 32% |
| Lender Rate: | 28% | Borrower: | dclay |
| Finished | State: | MO | |
| Funded: | 0% | Group: | (No Group) |
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Background I am 35 years old and I am married with one son. I have been working for the federal government for the last 8 years as an inspector. I have a BA, and currently I am in graduate school working to gain more education so I can promote higher. My wife, though getting a late start, completed her degree and is currently employed as a medical biller with a large eye clinic. About 9 to 10 years we ran into financial hardship due to medical bills, and I lost my job when the company I worked for was purchased by another company and they replaced everyone. Since that time I went to work for the federal government so that I would have financial security. In the last 8 years I have purchased and paid off three newer used cars, which were not reported to the credit agencies. I purchased the cars from a family friend who owns a very small town used car dealership. He never reports to the agencies, so they didn?t help my credit much. I have also paid off a couple of other loans in the past years. Last year I paid off my Nissan Sentra, which I purchased new a few years ago. I recently purchased a new Jeep Liberty from Chrysler Financial with an interest rate of 5.9%. Reason for Loan My mother-in-law recently passed away, and her and my father-in-laws savings were not enough to cover medical expenses and funeral costs. I payed off many of the bills, and helped with other expenses. I need the loan to pay off the card I put these bills on and replace my personal accounts with the funds I had to withdraw immediately to cover funeral fees. I haven?t used sick leave in nearly 4 years, so if I were to get ill or hurt, I will still have a pay-check. I also have enough money in my Thrift Savings Plan (the government?s 401) to borrow to pay off my Jeep and any other loans, if something were to happen to me. I also have great health insurance, which eliminates the risk of costly medical bills. I am also invested in various stocks, which could be sold to pay for bills. I am also invested in Prosper in lower risk loans. My current pay will easily cover the monthly payment of the loan I am requesting. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 69303 | Funds for Student Loan and Credit Cards | E | $3,000 @ 26% | Dec 02, 2006 | Loan created |
| 309852 | Pay off Funeral Expenses and Medical Bill | E | $5,000 @ 35% | Apr 13, 2008 | Expired |
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