Eric's Credit Community

Hi, I borrowed $7000 back in March from Prosper and paid off a loan. My credit score has risen from a "B" to an "A" and am now seeking a second loan to pay off all below loans. I joined Prosper In February of 2007 as a lender and have nothing but great things come from it. I am now ready to see if I can borrow some money so I can keep a little more in my pocket each month. Actually I will try to pay my credit cards a little more each month. I have been a Warehouse Supervisor for the past 10 years at a very large distribution center in Atlanta GA. I am 42 years old and have been married for 20 years. I have a daughter who is 19 years old in collage. My wife pays the first mortgage and all the utilities and food. I pay all the other loans. This loan will be to pay off the Providean Mastercard

Contact me with any questions.

Current debts:

1) Account:Providean MC Amount: $9000 Current interest rate: 18%
2) Account:Providean Visa Amount: $3000 Current interest rate: 18%
3) Account:Home Equity Loan Amount: $40,000 Current interest rate: 10%
4)Account: Car Payment Amount: $3000 Current interest Rate: 8%

Delinquencies: NONE

 Present Budget:

 Income

Pay Check $800 Gross $600 Net a week

Expenses
Loan Payments $400 Month
Mortgage/ Rent: $400 Month
Car Notes: $400
Credit card #1 $200 Month

Credit card #2 $200 Month

Credit cared #3 $200 Month

Total Expenses: $1800 Month

 Left Over: $600

 Budget after Prosper Loan
Prosper Payments: $300 Month
Mortgage/ Rent: $400 Month
Car Notes: $400 Month
Credit card #1 $200 Month

Credit card #2 $200 Month

Credit card #3 $200 Month

Left over from Income: $900

Savings due to Prosper Loan: $600