p2p lending at lending club
Pay It All Off
Homeownership Verified

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Listing Information
Amount: $13,500.00 Status: Loan created
Grade: C DTI: 34%
Lender Rate: 21% Borrower: highmaintenance
Time Left: Finished State: IL
Funded: 100% Group: Small Business & Self Employed
Loan Information
Loan Status: Current Origination Date: 2008-04-16 EricsCC ROI: 19%
Status History
Apr 16, 2008 Current
Purpose of loan:
Pay off my high interest debt with one large payment instead of trying to make small payments that really do nothing to reduce my debt structure.  

My financial situation:
I feel that I am an excellent financial risk for any lender.  I have never defaulted on any loans ever.  I have well over $135,000 in equity in my home.  I do not want to touch the equity in my home because it took so long to achieve it.  In my mind the equity in my home would only be used in an absolute emergency.  

Monthly net income: $ 4,000

Monthly expenses: $
  Housing: $ Paid by spouse
  Insurance: $ Paid by Spouse
  Car expenses: $0 - Car paid in full 
  Utilities: $ 200.00
  Phone, cable, internet: $ 200.00
  Food, etc.: $ 550.00
  Clothing, household expenses $ 150.00
  Credit cards and other loans: $ 1,800.00
  Other expenses: $ 100.00
Borrower's Other Listings
174722 Payitoff C $25,000 @ 12% Jul 23, 2007 Expired
180539 Pay It All Off C $25,000 @ 22% Aug 02, 2007 Withdrawn
184433 Pay It All Off C $20,000 @ 22% Aug 09, 2007 Withdrawn
184549 Pay It All Off C $20,000 @ 25% Aug 09, 2007 Withdrawn
184973 Pay It All Off C $17,000 @ 27% Aug 10, 2007 Withdrawn
186235 Pay It All Off C $10,000 @ 27% Aug 13, 2007 Withdrawn
187562 Pay It All Off C $6,500 @ 27% Aug 15, 2007 Expired
190031 Pay It All Off C $5,500 @ 16% Aug 20, 2007 Loan created
303241 Pay It All Off C $17,000 @ 29% Apr 02, 2008 Withdrawn
304361 Pay It All Off C $16,000 @ 34% Apr 05, 2008 Withdrawn

 

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