Low state rate cap, I can't help it. Please read.
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,300.00 | Status: | Withdrawn |
| Grade: | C | DTI: | 26% |
| Lender Rate: | 8% | Borrower: | richardadriannebrown |
| Finished | State: | TN | |
| Funded: | 0% | Group: | BORROWERS - Free instant Listings - LARGEST GROUP |
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Hello all. I am 31 years old, married for almost seven years, and have two little girls, ages three and five. I am a self-employed musician, and have supported myself this way for over ten years. I would like a loan to consolidate all of our bills, and get a lower interest rate as well. I have one Prosper loan already, and my credit score has increased since then. I have never missed a Prosper payment in the past year that I've had it, and I don't intend to. This loan would replace many of the other monthly bills that I pay, not add to it. In fact, I would actually be paying less each month. Here is the run down of my monthly expenses... Here are the bills I pay for continuously: rent and renter's insurance - $810 car and insurance - $411 utilities - $255 food and gas - $800 --------------------------------------------------- total - $2276 Here are loans and credit cards I'd like to consolidate: capital one - $4167 best buy - $1027 direct energy - $425 prosper - $712 (may as well pay this one off too) Lastly, my health insurance only covered a small portion of the bills my youngest daughter incurred when she had to go to the ER: $695 So, the total of all the bills I am trying to consolidate comes to $7026. I'm applying for a loan of $7300 to cover the closing fee as well. The monthly total I pay out for all of my bills (exclusing house and car) is $368. This loan would make it less than $300. I bring in at least $2000 every month, sometimes more, and my spouse brings in another $1100. That's $3100 monthly income, and after the $2276 for the other bills that will not be paid off with the loan, I'll have $824 left to pay my Prosper loan. The smaller loans are just too much to be paid all at once, some are needing to be paid off immediately, and some of the others have an interest rate that make it hard to ever pay off. Now here's the clincher. My state rate cap is 8.33%. I know that is low, and I wish it weren't, but unfortunately I can't change it. I ask that you would please show kindness to me and my family and bid, despite the interest rate. You would really be helping us out, and I would definitely be one person that you wouldn't have to worry about not making a payment. I need your help. Thank you to all who bid. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 85706 | Breast | D | $1,000 @ 10% | Jan 16, 2007 | Withdrawn |
| 85811 | Money for wife's surgery | D | $1,000 @ 14% | Jan 17, 2007 | Loan created |
| 270804 | Interest rate is low due to state cap, but please read! | C | $3,100 @ 8% | Jan 24, 2008 | Expired |
| 277723 | Consolidate bills (PLEASE READ!) | C | $7,300 @ 8% | Feb 09, 2008 | Withdrawn |
| 283059 | Relist. Please help. | C | $7,300 @ 8% | Feb 22, 2008 | Expired |
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