p2p lending at lending club
Risk-Free candidate to invest in :)... Consolidating debt.

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Listing Information
Amount: $16,000.00 Status: Withdrawn
Grade: C DTI: 20%
Lender Rate: 28% Borrower: Good_Going
Time Left: Finished State: CA
Funded: 84% Group: (No Group)

Purpose of loan:
Loan is to just consolidate my debt from credit cards into 1 account.
Feel free to fire any questions my way if you have any, after reading the below details.
Thanks a lot!!

My financial situation:
I am a Full time Nano technology Engineer working in Silicon Valley, CA.
I am single and financially stable making over 100K per annum with no fraudulent credit history and even my credit history and background is respectable.
My monthly debt to income ratio = 11% only, without the debt I would Incur from Prosper.com. And if this loan works out it will be only 20% (as per the Prosper/Experian credit reports).

Monthly net income: $
$7500

Monthly expenses: $
  Housing: $ 500
  Insurance: $ 100
  Car expenses: $ 100
  Utilities: $ 100
  Phone, cable, internet: $ 100
  Food, entertainment: $ 300
  Clothing, household expenses $ 100
  Credit cards and other loans: $ 300
  Other expenses: $ 100

Borrower's Other Listings
248470 To make money for you and me. C $25,000 @ 30% Dec 13, 2007 Cancelled
270174 To make money for you and me. C $15,000 @ 21% Jan 23, 2008 Withdrawn
386959 Risk-Free candidate to invest in. Consolidating debt. B $16,000 @ 24% Aug 30, 2008 Withdrawn
391286 Risk-Free candidate to invest in. Consolidating debt. B $22,000 @ 23% Sep 01, 2008 Loan created

 

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