GET BACK ON the RIGHT TRACK - 6th Relisting
| Listing Information | |||
|---|---|---|---|
| Amount: | $2,551.00 | Status: | Loan created |
| Grade: | HR | DTI: | 22% |
| Lender Rate: | 35% | Borrower: | issybel25 |
| Finished | State: | CA | |
| Funded: | 100% | Group: | Rich Uncle |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 2 months late | Origination Date: | 2008-04-23 | EricsCC ROI: | -46% |
| Status History | |
|---|---|
| Apr 23, 2008 | Current |
| Nov 07, 2008 | Late |
| Nov 24, 2008 | 1 month late |
| Dec 24, 2008 | 2 months late |
|
*Thank You So Much to all who bid on my last attempt at listing my loan! *Please Note: I am asking for $2551 because that is the lowest amount I can ask for in California and keep the interest rate at 35%. Otherwise, if the amount were any lower, I would have to ask for a 19.5% interest rate. I want to keep the interest rate up for the benefit of the lenders, so I am trying this amount again. Purpose of loan: This loan will be used to pay off several high interest payday loans. I have asked for this amount because this is the minumum loan amount that we can ask for at 35% rate. We are currently paying a total of $740 in fees a month for 12 loans totaling $4500. This loan cycle began when I was required to take classes totaling $1500 for my teaching job. The high fees get us in deeper every month and we need to get a fresh start without them. We have since started working with a debt consolidator on most of the loans. We still have 2 large payday loans to pay off, 2 car payments to catch up on and several other bills to pay off. My financial situation: I am a good candidate for this loan because I have been a teacher for over 10 years and now teach a 6th grade middle school GATE(gifted & talented) class in California. I enjoy my job and plan on staying at my current position. I am also teaching an after school tutoring program to help our income. I know that we will be able to pay this loan back by making one loan payment instead of the many we have now. I make enough money that we can definitely live within our budget. I will have the payments automatically deducted from my account each month. Once these loans are gone, we will be able to work on getting our credit score up. Thanks to anyone that can help! Monthly net income: $ 4250 Monthly expenses: $ 3120 Housing: $ 965 Insurance: $ 125 Car expenses: $ 900 Utilities: $ 200 Phone, cable, internet: $ 200 Food, entertainment: $ 500 Clothing, household expenses $ 100 Credit cards and other loans: $ 100 (This will be the only one after loans are paid off) |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 280920 | HELP MY FAMILY GET OUT OF THE PAYDAY LOAN CYCLE | HR | $5,700 @ 35% | Feb 17, 2008 | Withdrawn |
| 283505 | High Interest Payday Loans (THE MOB) | HR | $4,000 @ 35% | Feb 23, 2008 | Expired |
| 289600 | High Interest Payday Loans (THE MOB) | HR | $2,900 @ 35% | Mar 06, 2008 | Expired |
| 294930 | Monthly Payday Loans are sad | HR | $3,500 @ 35% | Mar 17, 2008 | Expired |
| 299628 | Get Rid of Bad Payday Loans - 4th Relisting | HR | $2,700 @ 35% | Mar 26, 2008 | Withdrawn |
| 301925 | GET BACK ON the RIGHT TRACK - 4th Relisting | HR | $2,551 @ 35% | Mar 30, 2008 | Expired |
| 305964 | GET BACK ON the RIGHT TRACK - 5th Relisting | HR | $2,551 @ 35% | Apr 07, 2008 | Expired |
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