Refinance Current Prosper Loan and Pay Off CC's for MBA
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Expired |
| Grade: | HR | DTI: | 17% |
| Lender Rate: | 25% | Borrower: | Ryansmom36 |
| Finished | State: | MN | |
| Funded: | 0% | Group: | Quality Assistance for Borrowers |
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THANK YOU for taking the time to look at my listing! Purpose: To refinance my current Prosper loan and consolidate my current cc's that I have been using to rebuild my credit by paying for my MBA.I have had my current Prosper loan for 6 months and always make the payment early.I have been rebuilding my credit which was in the 520's 6 months ago and now my scores from the 3 bureaus are: 591, 612 and 601.I am now eligible for tuition reimbursement through my employer and will no longer need to use my cc's to pay for school.Therefore, I want to pay those off by rolling that amount into a refinanced Prosper loan.Not only will this save me money on interest but paying off the cards will allow my credit to continue to get better.I also plan to close 3 of the cards that have $300 limits as they do charge an annual amount to keep them open as well as a monthly fee which I don't want to keep paying if I don't have to.It's my understanding that by doing so this will also help my credit scores. Current financial situation: Monthly Net Income: $5893 Housing: $1250 Car Ins $100 Car Pmt: $536 Gas: $250 (I drive 48 miles one way to work) Utilities: $125 Phone,cable,internet: $120 Food, entertainment: $300 Clothing, household exp: $300 Credit cards: $500 (high monthly payments, fees and interest) Undergrad Student Loan: $137 Daycare: $1249 Other exp: $155 (diapers, wipes, co-pays, etc.) Current Prosper Loan: $137.00 **If you have any questions please feel free to contact me. Additionally, ZCOMMODORE endorsed my previous listing and thoroughly reviewed all of my financial information so would be a good source if you have specific questions regarding my credibility. ***PLEASE NOTE*** My credit report show that I have 1 delinquent account in the amount of $0.00 - I am in the process of getting that information removed from my report as I don't have any delinquent accounts confirmed by the $0.00 amount.***INFO FROM MY FIRST LISTING*** Purpose of loan: To pay off high interest credit cards. My current/previous credit is poor as I have made some bad decisions. I had a successful business that I had to sell very quickly as my ex drained our bank acocunts. I wasn't able to sell for enough to cover my personal CC's that were used to purchase inventory. As a result I was left with no option but to file bankruptcy. Additionally, I used the cc's that I did get after the BK to live on until I got back out into the workforce and was able to get back on my feet. However, I am in the process of repairing my credit which is why I joined Prosper. Going forward I will be putting money into savings each month to prepare for those unexpected but certain expenses. I will also begin a retirement account. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 161829 | Single mom wants to go back to get MBA and pay off debt! | HR | $12,000 @ 23% | Jul 02, 2007 | Withdrawn |
| 162291 | Single mom wants to go back to get MBA and pay off debt! | HR | $10,000 @ 23% | Jul 03, 2007 | Withdrawn |
| 162301 | Single mom wants to go back to get MBA and pay off debt! | HR | $10,000 @ 23% | Jul 03, 2007 | Withdrawn |
| 162449 | Single mom wants to go back to get MBA and pay off debt! | HR | $10,000 @ 23% | Jul 03, 2007 | Withdrawn |
| 162476 | Single mom wants to go back to get MBA and pay off debt! | HR | $10,000 @ 23% | Jul 03, 2007 | Withdrawn |
| 162507 | Single mom wants to go back to get MBA and pay off debt! | HR | $10,000 @ 23% | Jul 03, 2007 | Withdrawn |
| 165260 | EP: Single mom wants to go back to get MBA and pay off debt! | HR | $10,000 @ 23% | Jul 10, 2007 | Withdrawn |
| 166577 | CONSOLIDATION IS THE KEY FOR ME! | HR | $10,000 @ 23% | Jul 10, 2007 | Withdrawn |
| 167809 | Consolidate High Interest CC's | HR | $3,500 @ 23% | Jul 12, 2007 | Loan created |
| 276941 | Paying off CC's Used to Rebuild Credit by Paying for MBA | HR | $5,000 @ 35% | Feb 07, 2008 | Expired |
| 279771 | Paying off CC's Used to Rebuild Credit by Paying for MBA | HR | $5,000 @ 30% | Feb 14, 2008 | Loan created |
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