On the Road to financial freedom!
| Listing Information | |||
|---|---|---|---|
| Amount: | $4,967.00 | Status: | Loan created |
| Grade: | D | DTI: | 19% |
| Lender Rate: | 18% | Borrower: | DesertBunny |
| Finished | State: | AZ | |
| Funded: | 100% | Group: | Pr*mise Keepers - Guaranteed funding for low-risk borrowers |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Default | Origination Date: | 2008-03-03 | EricsCC ROI: | -62% |
| Status History | |
|---|---|
| Mar 01, 2008 | Current |
| Jun 19, 2008 | Late |
| Jul 09, 2008 | 1 month late |
| Aug 04, 2008 | 2 months late |
| Sep 04, 2008 | 3 months late |
| Oct 04, 2008 | 4+ months late |
| Dec 29, 2008 | Default |
|
I am a 31 year old mother of 2 boys. I have worked for 13 years as a business administrator. On January 2nd, 2008 I accepted a government position with the Light Rail. Although, I loved my job as an Assistant Manager; I thought that this was a huge opportunity. Not only do I work for the state it?s a position that would allow me to grow and retire. My passion is my children and they are what motivate me to be something more. I went back to school in 2005 to achieve a degree in Health Information Technology. I am currently achieving a 3.75 GPA. I am big on education and want to lead by example for my boys. What this loan will be used for: I will use this loan to pay off a high interest cash call loan. My financial situation: I recognize that I have had problems with my credit. About 3 years ago I was laid off from a good paying job and fell behind. During this time I was able to reflect on my future and decided to redirect my life. By paying down this loan I intend to stable out my bills. By doing this I will be approaching financial security. I?m so happy there was a site designed to help people in need. It gives me another chance at getting things right. My current debts: Mortgage: -balance-; $151,000-;-Monthly payment $951.00 Car loan: paid off Target: -balance-$3436; -Monthly payment-$77.00 Orchard Bank ?balance $108-Monthly payment-$15.00 Cash Call-balance-$4967-; -rate-59%;-Monthly Payment-$254.03 Total: -balance-$159,511; -Monthly payment-$1297.03 My household income is $31300/yearly My monthly income after deductions: $2300.00 My monthly budget: Housing: $951.00 Car: $85.00 Utilities: $160.00 Groceries: $150.00 Insurance: $60.00 Phone, cable, internet: $89.00 Clothing, household expenses: $100.00 Entertainment: $60.00 Credit cards and other debt payments: $346.03 Total monthly expenses: $2001.00 Impact of Prosper loan: The Prosper loan will be used to pay off the (Cash Call Loan) currently at 59%. The Prosper loan I have listed for will cost me $180 per month (though I hope that the rate will be bid down).It will replace $254.03 in current monthly payments; therefore I will save $90.00. I intend to use the money to create financial freedom by paying off my next high interest credit card.Thank you! I will try to answer any questions you might have. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 280046 | Paying off high interest loan | D | $5,000 @ 23% | Feb 15, 2008 | Withdrawn |
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