Commuter car for work
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 19% |
| Lender Rate: | 14% | Borrower: | mcphck |
| Finished | State: | NC | |
| Funded: | 100% | Group: | Vets helping Vets |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2006-08-07 | EricsCC ROI: | 14% |
| Status History | |
|---|---|
| Aug 04, 2006 | Current |
| Dec 11, 2007 | Payoff in progress |
| Dec 14, 2007 | Paid |
|
Hello everyone, thought I would try this one more time. I originally had a listing for 4000 dollars for the same reason, but after looking for a good car 4K wouldnt really get me a good reliable car that I wouldnt have to sink more money into. I currently drive about 70 miles roundtrip and I currently drive a 2004 Chevy Silverado Crewcab, while this is a fantastic vehicle, it isnt exactly gas friendly. The amount of money I spend on gas monthly will cover the payment for this loan, and still allow me to fill up the tank on a regular basis. When you look at this listing it shows a credit grade of B, and 2 current delinquencies. I can state right now that there are no delinquencies on my credit report. I utilize a credit monitoring service thru <a href="http://www.creditkeeper.com">www.creditkeeper.com</a> and my most recent 3 bureau credit report shows 0 delinquencies. Furthurmore, I havent had a late payment in over 3 years. I say this with conviction because I do have a public record, a bankruptcy, which was discharged in October 2002, made official in February 2003. I had this bankruptcy because I spent 9 years in the United States Navy, and upon being discharged I suddenly got hit with a barrage of bills that I wasnt used to paying, namely rent, utilities, and the like. I tried as hard as I could to keep my head above water, but the income I was making in the Navy, while significantly less then what I was making once discharged, it was pretty much disposable income. Once faced with all bills that a normal person has, coupled with the bills I already had it was just too much. My wife was unable to secure employment because we were expecting our third child, and she didnt want to take a job for a few months only to leave it and leave the company wanting once the child was born. That being said, once I received a clean slate I worked my tail off to reestablish my credit, and my reputation. Within 2 years of the bankruptcy discharge I was able to purchase a home, and the truck that was previously mentioned in the listing. I take pride in the fact that I pay my bills on time, and always pay more then the minimum due. I am a good credit risk, and I am a good person. I currently have a d/i ratio of 16%, with this loan it will be 19%. I am a good risk and a good person, and all I ask is for a fair chance to prove it to the Prosper community. If anyone has any questions please feel free to ask me and I will do everything in my power to give you the answers you seek. Thanks to all in advance for your consideration. Kindest Regards. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 26255 | economical car for work commute | B | $4,000 @ 13% | Jul 24, 2006 | Withdrawn |
| 309341 | improving my financial situation to start a small business | B | $15,000 @ 11% | Apr 13, 2008 | Withdrawn |
| 315002 | Detail King Franchise | B | $9,000 @ 20% | Apr 21, 2008 | Withdrawn |
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