p2p lending at lending club
Saying goodbye to the cards
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Listing Information
Amount: $9,000.00 Status: Loan created
Grade: A DTI: 64%
Lender Rate: 15% Borrower: adam12tsw
Time Left: Finished State: MN
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-03-12 EricsCC ROI: 13%
Status History
Mar 12, 2008 Current
Thank you for looking at my listing! I'm currently a student enrolled part time and recently just got married. I am from California but am residing in Minnesota right now. I would like to be able to save to further my education!

Any help is greatly appreciated!!

Purpose of loan:
This loan will be used to consolidate all my credit card payments into one monthly payment and help me to become debt free from credit cards.

My financial situation:
I am a good candidate for this loan because I pay my my bills on time and have never been late.

Income:
$12.50 an hour, about 35+ hours a week, usually at 40-45 hours (only considered part time though)
Gross monthly income is about $1800, ranges from $1600-$1800, depending on hours.
After taxes: between $750-$900 every two weeks

Expenses:
Rent: 869 but only pay half $425 (split with the wife)
Utilities: None (wife pays)
Cable: $75
Phone: $60
Mortgage in California (currently residing in MN. just got married): Sisters are renting the house and paying the mortgage. : None
Total: $560

Credit:
Best Buy: owe $700, pay $20 monthly
Home Depot: $150, $20
Kohls: $200, $30
Zales: $800, $50
Visa: $900, $50
Discover: $2500, $110
Providian: $3000, $125

Total: owe: $8250, pay $405 (varies interest rates)

Other expenses:
Groceries: $150
Gas: $150
Savings: $100
Total: $400

Total from Income: between $1600-$1800
Total from expenses: $1365
Total left: between $235-$435

If the credit cards are eliminated, that would mean, more funds to start saving to pay for school loans and to futher my education!

Please help!!

Borrower's Other Listings
281615 Saying goodbye to the cards A $9,000 @ 15% Feb 19, 2008 Expired

 

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