Pay off medical,rebuild credit
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | HR | DTI: | 17% |
| Lender Rate: | 23% | Borrower: | seekingfreshstart |
| Finished | State: | AZ | |
| Funded: | 100% | Group: | Sonic Lenders |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2006-08-08 | EricsCC ROI: | 23% |
| Status History | |
|---|---|
| Aug 06, 2006 | Current |
| Sep 15, 2007 | Payoff in progress |
| Sep 21, 2007 | Paid |
|
Seeking laon to pay off deliquent and current medical bills. Brief financial breakdown included,read more detail on my message page. My name is Greg I am employed as an Executive Director with a major Non profit orginization. Before I list our debts and income Id like to share a story about us. When my wife was pregnant with our son it was high risk pregnancy with complications.Our son had a high risk condtion called hydrochephaly(fluid on the brain) He was delivered 6 weeks early.Shortly after his birth we learned he has trisomy 21 (down syndrome ) The medical bills and inability to keep up forced us to file bankrupt in 03. One good thing I need to point out is most of our bad debt right now is medical bills. However as of April this year our son has qualified for long term care for children with disabilites. He has full medical insuranace and we do not have to worry about hopsital bills they cover 100%. It was a hard fight to get his disabilty insurnace but we fought for him and advocated for him and we won :)He will have this insurance until he is 18 (hes only3) and then he will reapply. I wont sit here and say we never used a credit card or department charge card, because we have, but when we did we paid them on time, but when things got out of our means to pay we had to file and we "pay" for it everyday in our credit . We arent the kind of people who go out and buy things just to buy. When it came to our son and supporting our family we had to do what we had to do, hence the reason im here now. I realize things wont just go away over night, but I also know that a "paid" negative on my credit will look much better than unpaid. Feel free to ask any questions. Although im not proud of being HR, truth is thats what we are and we really want to fix it.We have applied for some loans lately but of course they have been denied . Income form job: (take home 2,041.69 bi monthly) 4,083.38 monthly income. Bills: Rent 1,350 Car 351.11 Van 461.84 Insurance 165.00 405.00 Electric, gas, h2o.phone, internet and cable (405.00) (these are on the average, electric and gas vary due to season) 700.00 Food gas and misc.small credit card to help rebuild credit.(700 is budgetign kind of high to be safe.Whats not used goes towards any incidentals that may arise. Total monthly expense 3,432,95 Total income 4083.38T his loan 193.55 Leaves us 456.88 (after paying this loan) I have learned from reading other stories and from reading lenders replies that total honesty is the best way to go.... We know our credit is pretty much trash right now,however we are so serious on rebuiling it that we are willing to do what we need to do to make that happen. Thanks fo rreading.. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 25661 | Special needs son medical bills | HR | $8,800 @ 22% | Jul 20, 2006 | Withdrawn |
| 26071 | Relisting with more financial breakdown | HR | $5,000 @ 23% | Jul 22, 2006 | Withdrawn |
| 206622 | First Home Needs A Fresh Look! | E | $3,850 @ 20% | Sep 25, 2007 | Loan created |
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