p2p lending at lending club
Reduce High CC - We Commit to our Obligation

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Listing Information
Amount: $5,000.00 Status: Loan created
Grade: D DTI: 36%
Lender Rate: 20% Borrower: socksans900
Time Left: Finished State: WA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-01-29 EricsCC ROI: 17%
Status History
Jan 30, 2008 Current
Purpose of loan:
First of all, I would like to say thanks to your consideration in my loan. This loan will be used to reduce some high interest credit cards. If successful, I am willing to invest in "Prosper" to help the others who are meeting the hardship. 

My financial situation:
I am working full time as Traffic Designer for WSDOT for 9 years, and my wife is working for Sam' Club  as cashier for 5 years. My net income is $3200/month, and my wife's net income is $1000/month. We are living with our daughter and pay the rent $700/month.  Besides the rent, we pay high interest credit cards, car loan (9%), and other spendings. Please see below for our monthly spending.

Monthly net income: $ 4200

Monthly expenses: $ 3700
  Housing: $ 700
  Insurance: $ 100
  Car expenses: $ 500
  Utilities: $ 100
  Phone, cable, internet: $ 100
  Food, entertainment: $ 400
  Clothing, household expenses $ 200
  Credit cards and other loans: $ 800
  Other expenses: $ 800. 

We will have extra $500/month to pay this loan. I and my wife completely commit to our obligation to pay back this loan. Please looking forward to meet your expectation.

Sincerely.
Borrower's Other Listings
139973 pay off high interest loan C $25,000 @ 13% May 19, 2007 Withdrawn
140201 Confident Repay C $25,000 @ 13% May 20, 2007 Withdrawn
143624 Eliminate High CC C $5,500 @ 19% May 28, 2007 Withdrawn
145589 Eliminate High CC - We Commit to our Obligation C $5,500 @ 16% Jun 01, 2007 Loan created

 

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