p2p lending at lending club
helping my son pay off payday loans

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Listing Information
Amount: $1,000.00 Status: Loan created
Grade: D DTI: 38%
Lender Rate: 17% Borrower: 12help
Time Left: Finished State: AZ
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-02-19 EricsCC ROI: 14%
Status History
Feb 15, 2008 Current
Purpose of loan:
This loan will be used to help my son and his family pay off 2 outstanding payday loans.  For a short time due to illness my son was out of work and had to resort to taking out 2 payday loans to help make ends meet.  Now every 2 weeks he struggles just to make the minimum payment. Had I known that he was going to take those loans out, I  would have tried to stop him. I would love to take out this loan and help get the monkey off my son and his families back. This was another time where good people just made a bad decision.


I am a good candidate for this loan because I pay my bills on time, i do not have any mortgage or rent payment and this would be helping make things easier for my family. I am also expecting a tax refund, which i will apply fully to this loan.

Monthly net income: $ 2200.00

Monthly expenses: $
  Housing: $ 0
  Insurance: $ 85.00
  Car expenses: $ 350.00
  Utilities: $ 85.00
  Phone, cable, internet: $ 45.00
  Food, entertainment: $ 150.00
  Clothing, household expenses $ 50.00
  Credit cards and other loans: $ 350.00
  Other expenses: $
Borrower's Other Listings
270918 helping my son pay off payday loans D $2,500 @ 23% Jan 24, 2008 Expired

 

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