pay off high interest cards & loans

| Listing Information | |||
|---|---|---|---|
| Amount: | $6,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 32% |
| Lender Rate: | 15% | Borrower: | sickandtired42 |
| Finished | State: | MI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-03-17 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Mar 17, 2008 | Current |
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Purpose of loan: This loan will be used to? pay off or down high interest credit cards & loans My financial situation: I always repay my debts. I had a decrease in income several years ago by 60%. This created a big situation for me. It was an incredible struggle and now I am trying to dig my self out. I had a credit card payment arrive 1 day late and now the interest is at 29%. Minimum payments are now getting to be a struggle. I DO NOT want to go through debt consolidation or bankruptcy. I was told Prosper was an excellent solution to get me back on track. Monthly net income: $ 2500.00 Monthly expenses: $ Housing: $ 600.00 Insurance: $ included Car expenses: $ 225.00 Utilities: $ 100.00 Phone, cable, internet: $ 50.00 Food, entertainment: $ 200.00 Clothing, household expenses $ 50.00 Credit cards and other loans: $ 800.00 Other expenses: $ |
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