p2p lending at lending club
Pay off Home Depot card

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Listing Information
Amount: $2,000.00 Status: Loan created
Grade: D DTI: 15%
Lender Rate: 18% Borrower: MI_RealEstate
Time Left: Finished State: MI
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-03-18 EricsCC ROI: 16%
Status History
Mar 17, 2008 Current
Purpose of loan:
This loan will be used to pay off my Home Depot credit card.We charged up this card while remodeling an investment property. The property is currently rented, but the high interest credit is no good. And it is near the credit limit which is lowering my credit score.

My financial situation:
I am a good candidate for this loan because I have good steady income, and I pay my bills on time. This loan will actually lower my total monthly expenses. I have paid off most of my other credit card debt, this is the only card with a balance higher than $500.


Monthly net income: $ 5,000

Monthly expenses: $ 4025  
Housing: $ 700  
Insurance: $ 500 (self employed health insurance for my family)  
Car expenses: $ 375  
Utilities: $ 200  
Phone, cable, internet: $ 250 
Food, entertainment: $ 400  
Clothing, household expenses $ 300  
Credit cards and other loans: $ 300  
Other expenses: $ 1,000 (business expenses)
Borrower's Other Listings
209481 Need financing secured against property D $25,000 @ 24% Oct 01, 2007 Withdrawn
209536 Seeking funding for purchase of Real Estate. 55% LTV D $25,000 @ 24% Oct 01, 2007 Expired

 

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