Brighter Days Ahead!
| Listing Information | |||
|---|---|---|---|
| Amount: | $2,800.00 | Status: | Withdrawn |
| Grade: | E | DTI: | 30% |
| Lender Rate: | 15% | Borrower: | Sunshine14 |
| Finished | State: | NJ | |
| Funded: | 4% | Group: | Sonic Lenders |
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I'm the mother of a 14 year old son who will be entering high school. I will be graduating in December with my Bachelors Degree in Psychology. Due to the death of my grandfather, I became the owner of his home and after much needed renovation; it is now a rental property. I am a full-time employee of a government agency, and have been there 6 years. I also have a 2nd job. June 2005 my fiancee was laid off and I became responsible for all the bills. His unemployment benefits were delayed for 6 weeks. Although he later found work, catching up has been difficult. In May, I turned to the payday lending companies and the cycle began. When I get paid, majority of my pay goes to just paying the roll-over amounts. It has been very difficult recovering from that. However, I am working very hard to turn things around and get back on track; that's the reason I took on a 2nd job. My CR is "E" because of delinquencies and my debt to income ratio. Prior to the mess I created, my score was 640; not great but better than it is. With this loan, I'd pay as many pd loans off ass I can. United Cash - $546, Magnum - $890, FSM - $455, DSM - $390, Xtra-Cash - $340, Sonic Cash - $640 Total - $3261 Clearing these loans would allow me to use my entire paycheck for other obligations, so I can begin to rebuild my credit. Budget - Net Monthly Income 1st job - $2756 2nd job - $600 Rental - $875 Child Sup.- $183 Total - $4414 Current Expenses Mortgage $1043 Utilities $ 275 Car payment $ 304 Car Ins $100 Gas $ 80 Credit Cards $595 Additional Cards $644 Payday Roll Over $730 Misc $ 75 Homeowners ins. $ 45 Phone home&cell $175 Cable $ 52 Internet $ 15 Food $200 Son's tuition $224 Total $4557 $-143 A Prosper loan payment of $96 would free up at least $800 (pay day roll-overs plus late fees from credit cards). Thank you for your time, consideration and investment. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 29192 | Need help catching up | E | $5,000 @ 15% | Aug 05, 2006 | Withdrawn |
| 29895 | On My Feet | E | $2,800 @ 15% | Aug 08, 2006 | Withdrawn |
| 30987 | Brigher Days Ahead | E | $2,500 @ 14% | Aug 13, 2006 | Withdrawn |
| 30990 | Brighter Days Ahead | E | $2,500 @ 14% | Aug 13, 2006 | Withdrawn |
| 32312 | Cleaning House! | E | $5,000 @ 15% | Aug 18, 2006 | Expired |
| 35390 | Cleaning House! (Re-List) | E | $5,000 @ 15% | Aug 30, 2006 | Loan created |
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