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Homeownership Verified

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Listing Information
Amount: $12,000.00 Status: Loan created
Grade: B DTI: 28%
Lender Rate: 12% Borrower: mslynn
Time Left: Finished State: NC
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-03-17 EricsCC ROI: 10%
Status History
Mar 17, 2008 Current
This loan will be used to pay off credit cards.
My financial situation: I am a good candidate for this loan because I always pay my bills.  I co-founded a non-profit organization about 6 years ago which supports the development of young people who may be living in at-risk situations, and educates our community toward change.  Additionally, I pastor a small rural church in a nearby community.  Over these years, I have re-financed my house and borrowed, in order to support the work of the youth organization, because I am passionate about the work we do with youth and in the community.  Though personally very financially challenging, the hard work seems to be paying off, as the organization is gaining support for future funding and organizational sustainability.   

Monthly net income: $ 1,600.00 - 2,600.00 (depending on available organizational funds)
Monthly expenses: $   Housing: $ 535.00  Insurance: $ 350.00 (Includes health, disability, life, auto)  
Car expenses: $ 150.00 (gas, and upkeep)  
Utilities: $ 130.00  Phone, cable, internet: $ 150.00  
Food, entertainment: $ 300.00 (includes vitamins)  
Clothing, household expenses $ 50.00  
Credit cards and other loans: $ 21,000.00  
Other expenses: $200.00 (2005 tax payment) 
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