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Debt Consolidation

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Listing Information
Amount: $9,500.00 Status: Withdrawn
Grade: C DTI: 29%
Lender Rate: 16% Borrower: snowdogminn
Time Left: Finished State: MN
Funded: 0% Group: (No Group)
Purpose of loan:  The loan will be used to consolidate existing high interest rate credit card debt.  The funds will also be used to pay off a small amount of negative equity on an existing car loan.  The car has been sold.  I need to pay off the difference in the loan and sales price of the car to close the deal. A portion of the loan will be used for my wife's unexpected dental expenses.  The remainder will be used to provide some financial help for grandson.

My financial situation:  I am a good candidate for this loan because I am a financially responsible person with a very good overall credit history.  I have worked as a trust officer in the financial services industry for over 18 years.  I have a professional degree (8 years total of college and graduate school).  My wife has a B.S. degree.  She is an eBay Power Seller on eBay for over seven years.  Verification of wife's business on eBay:  eBay Seller ID is Yuzanaflower.

Monthly Net Income:

Myself    $3,330
Wife       $2,500
Total      $5,830   

Monthly expenses: $
  Housing: $1400
  Car Insurance: $250
  Car expenses: $400 (other car loan)
  Utilities: $125
  Phone, cable, internet: $100
  Food, entertainment: $400
  Clothing, household expenses $300
  Credit cards and other loans: $600 (This payment will be replaced with new lower Propser Loan loan monthly payment)
Borrower's Other Listings
211389 Relocation Expenses C $3,000 @ 16% Oct 05, 2007 Loan created
308810 Debt Consolidation C $14,000 @ 16% Apr 12, 2008 Withdrawn
310542 Debt Consolidation C $6,500 @ 26% Apr 14, 2008 Withdrawn
310600 Debt Consolidation C $6,500 @ 26% Apr 14, 2008 Expired
369360 Need a Small Loan D $2,000 @ 23% Aug 04, 2008 Loan created

 

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