Paying off revolving debt

| Listing Information | |||
|---|---|---|---|
| Amount: | $17,500.00 | Status: | Loan created |
| Grade: | AA | DTI: | 10% |
| Lender Rate: | 11% | Borrower: | tr214 |
| Finished | State: | IL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-01-29 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Jan 30, 2008 | Current |
|
Purpose of loan: This loan will be used to? pay off some higher interest revolving debt and re-invest in prosper. My financial situation: I am a good candidate for this loan because? Secure job, good income and excellent credit history. Better rates here then a financial institution and a way to help other earn higher interest then the bank. DTI 4% prior to this listing. Net monthly income 6100.00 Housing expense is 2300.00 a month which includes utilities No car payment, insurance of gas- company car Revolving credit is 1500.00 a month which will be eliminated with this loan |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 263900 | Consolidating some loans | AA | $21,000 @ 7% | Jan 12, 2008 | Withdrawn |
| 264027 | Consolidating some loans | AA | $20,000 @ 11% | Jan 12, 2008 | Withdrawn |
| 268092 | Paying down debt | AA | $21,000 @ 14% | Jan 19, 2008 | Withdrawn |
| 406828 | Paying off revolving debt | A | $9,500 @ 13% | Oct 01, 2008 | Withdrawn |
| 407123 | Paying off revolving debt | A | $9,900 @ 17% | Oct 01, 2008 | Withdrawn |
| 407489 | Paying down debt | A | $6,000 @ 8% | Oct 05, 2008 | Loan created |
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