Dad consolidating debt- take my money!

| Listing Information | |||
|---|---|---|---|
| Amount: | $4,700.00 | Status: | Loan created |
| Grade: | B | DTI: | 17% |
| Lender Rate: | 11% | Borrower: | musky86 |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-03-20 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Mar 19, 2008 | Current |
|
Purpose of loan: I am finally taking the step of consolidating two high-interest credit card debts into one Prosper loan. The amounts are approximately $950 at 27 %, $2900 at 28.9 %, and 400 at 24 %. Can you believe we are paying that? I'd much rather have my money go to a real, honest person instead of Credit Card Companies. My financial situation: I am a Prosper lender and have had one loan from Prosper, which was paid off in only 2 months since I got a substantial bonus. Our tax refund this year will be put towards this loan, and we are on time with all monthly payments. I have a great job as a server at an upscale, busy restaurant, and my wife is a supervisor at her job. You can see my credit score has increased by TWO grades since my last loan. Monthly net income: $ 2600 Monthly expenses: $ 1455 Housing: $ 0 Insurance: $ 120 Car expenses: $ 150 Utilities: $ 200 Phone, cable, internet: $ 60 Food, entertainment: $ 500 Clothing, household expenses $ 25 Credit cards and other loans: $ 300 Other expenses: $ 100 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 224982 | Dad needs short term loan for baby items and utility bills | D | $3,500 @ 24% | Nov 02, 2007 | Loan created |
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