p2p lending at lending club
Consolidating all credit card debt under lower interst rate

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Listing Information
Amount: $4,500.00 Status: Expired
Grade: A DTI: 35%
Lender Rate: 17% Borrower: dosxx1985
Time Left: Finished State: CA
Funded: 36% Group: (No Group)
Purpose of loan:
This loan will be used to?
My first loan with Prosper will be a debt consolidation loan to pay off high interest credit card debt.

My financial situation:
I am a good candidate for this loan because?
I have stable employment and have been a civil service employee for over seven years.  Combined with my wife I am more than sure that I can handle the payment.

note.. I was just made aware that I have three passed due accounts on my credit report.  These accounts were for medical bills when my daughter was diagnosed with TYPE 1 diabetes. My wife had taken her to the emergency room several times and a doctors appointment.  She was unclear on the deductible for the year situation and thought the bills were actually covered under the PPO.  This was not the case so I paid the debt several weeks ago and I am waiting for them to be removed from my credit report.

My monthly net income is $2600.00

expense breakdown
RENT $750
CAR LOANS $370
UTILITIES $100
PHONE INTERNET CABLE $100
FOOD$300
CREDIT CARDS $250
Borrower's Other Listings
296408 Consolidating all credit card debt A $6,000 @ 18% Mar 20, 2008 Withdrawn
356594 Consolidating all credit card debt under lower interst rate A $4,500 @ 12% Jun 24, 2008 Withdrawn
360199 Consolidating all credit card debt under lower interst rate A $4,500 @ 16% Jun 30, 2008 Expired
365761 Consolidating all credit card debt under lower interst rate A $3,500 @ 11% Jul 11, 2008 Loan created

 

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