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Single Mom Needs Help With High Interest Loans

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Listing Information
Amount: $6,001.00 Status: Loan created
Grade: D DTI: 8%
Lender Rate: 20% Borrower: LovesNY
Time Left: Finished State: MD
Funded: 100% Group: BuildingTree
Loan Information
Loan Status: 1 month late Origination Date: 2008-02-06 EricsCC ROI: -46%
Status History
Feb 06, 2008 Current
Jul 24, 2008 Late
Aug 07, 2008 1 month late
Aug 28, 2008 Current
Oct 21, 2008 Late
Nov 05, 2008 Current
Nov 21, 2008 Late
Dec 07, 2008 1 month late
Dec 18, 2008 Current
Dec 23, 2008 Late
Jan 07, 2009 1 month late



Purpose of loan: To consolidate my debts & to start new  

About Me: I am single mother. I have only one credit card that I have closed and am paying off.  I am a very hardworking individual. I am currently working three jobs. I am in the process of becoming a Resident Teacher and am currently substituting until the full time training begins. I also work in the real estate mortgage field and work online with a major telecommunications company.  

Reasons for the need of consolidation:  Approximately two years ago, I fell behind because of a back injury. As a result of injuring my back, I was unable to work. At that time I did not have a savings and realized that I needed to pawn certain items I owned to keep up with the expenses for a period of a few months. I have been making monthly payments on these pawns now for over two years and would like to totally pay them off and start fresh.  

How I can Pay Off This Loan:  As a result of my now becoming a full time teacher and because of a trust payment I am beginning to receive, I will be able to pay off this loan over time. I would like to get rid of the high interest pawn loans and begin to manage my debts again with a more reasonable interest loan. My monthly income averages between $2,500 to $3600 depending upon the work that I am doing. I would like to begin to advertise to gain more real estate clients and to help more women who are looking to purchase homes. My goal is to be debt free and to start investing and growing my business. I thank you in advance for your consideration!!! This is a great opportunity for me to be debt free and to build my side business.  

Monthly expenses:
Housing: $ 1250
Insurance: $ 200
Car expenses: $ 500
Utilities: $ 250
Phone, cable,cell, internet: $ 200
Food: $ 250
Child and household expenses $ 300
Credit cards (closed and being paid off: $1000) :$50  

Pawn payments each month:  $ 650


Amount request to pay off pawns: $6001
Prosper loan: $6001


Thank you for helping me get back on my feet.
Borrower's Other Listings
195207 PAY OFF PAWNSHOP DEBTS and PAYDAY LOANS HR $8,000 @ 20% Aug 30, 2007 Withdrawn
197244 Single Mom Needs Help With High Interest Loans HR $8,000 @ 20% Sep 04, 2007 Withdrawn
198340 Single Mom Needs Help With High Interest Loans HR $8,000 @ 20% Sep 06, 2007 Expired
203261 Single Mom Needs Help With High Interest Loans HR $6,001 @ 21% Sep 18, 2007 Expired
229873 Single Mom Needs Help With High Interest Loans E $6,001 @ 21% Nov 11, 2007 Withdrawn
231244 Single Mom Needs Help With High Interest Loans E $6,001 @ 21% Nov 13, 2007 Expired

 

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