Eric's Credit Community

Loan Purpose: To refinance Prosper loan and pay off 2 small credit cards and one personal loan.

Finances:

1- Store: The store is a total consignment tack shop. In the 5 1/2 years there are now over 475 consignors. Monthly income varies between $6,500 to $8,500. Of this approximately 33% is paid to consignors with the monthly expenses being paid that average $1,100 a month. The expenses include rent, utilities, advertising, insurance and labor. The store pays my car payment, health, auto and life insurance. The total of these are $680.

2- Personal:  I am bookkeeper for 4 local businesses. I have worked for three of these businesses for 10 years.Current income of $1,790.00 per month from bookkeeping and miscellaneous income covers mortgage, utilities, home owners insurance and taxes, groceries, small retirement savings, and other incidentals.

 I have always paid on my obligations. I overextended myself late last year due to some unexpected expenses but am now getting things under control. This contributes to my drop of credit score. Thank you for considering me.