Debt Consolidation and improve credit after Identity Theft
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,000.00 | Status: | Expired |
| Grade: | E | DTI: | 24% |
| Lender Rate: | 35% | Borrower: | sprtsfan1 |
| Finished | State: | IL | |
| Funded: | 2% | Group: | HR-Bad Credit BUT Good People! |
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Purpose of loan: I would like to pay off several small loans and purchase a lawn mower. I also need to rebuild my credit after my wife had medical problems several years ago and recently my Identity was stolen. My financial situation: We have overcome many hurdles and are now current on all of are bills and would like to continue to build our credit while we are still fighting several collections listed on my credit that are not mine due to identity theft. Trans Union has removed them from my credit report but Experian has not done so yet. Unfortunately Prosper uses Experian for our credit grade my score with Experian was 522 but with Trans Union it is 604. I am still working to remove all of the Verizon and Direct TV collections. I have lived in Illinois my whole life but someone has been using my identity in Pennsylvania to obtain DTV, Verizon DSL and Cell and Land phones. The DTV accounts have been removed but I still am working on the 9 deliquent Verizon collections that are on my credit which are NOT mine. I have a police report that I faxed to Prosper to show that the aren't mine and I can fax it to a group leader if needed. Monthly net income: $ 1700 My wive's net income is 1500.00 w/ a monthly bonus anywhere from 300-1000 Monthly expenses: $ Housing: $ 200.00 20 acres of ground w/mobile home purchased from grandma Consolidation Loan setup Well and Septic $250.11 Insurance: $ Home Ins. 224.0 every 6 months vehicle 135.00 month Life 44.75 Car expenses: $ payments $218.00 Truck Loan $135.00 Utilities: $ 60.00 Phone, cable, internet: $ 150.00 Food, entertainment: $ 100.00 Clothing, household expenses $100.00 Small Personal loan $74.00 Payoff $600 Wifes loan Small Personal loan $100.00 Payoff $500.00 Prosper Loan $180.19 Wifes loan Other expenses: $ 100.00 This totals 1884.38 With the Prosper loan added the total would be around 2020.09 however we would be paying off the two small personal loans saving 174.00 a month taking it to 1846.09. Are net monthly payrolls are 3500.00 minimum sometimes more with bonus leaving us 1653.91 left in disposable earnings for the month which is 43% of income left over which is considered above average. We have been working very hard in the last few years to get to this point because of my wife being ill we were slowing getting behind on our bills and at that time we felt payday loans would help us out. That turned into a complete nightmare. My Wife applied for a prosper loan in Oct of 2007 to pay off the advance loans and we have definetely learned our lesson on those. We are current on her loan with prosper and only have been late once by a couple of weeks due to changing our bank account. We had to wait until it was added to make the payment but as soon as it was added we made our payment and she notified the group leader of what was going on. . I would be using the money from this loan to consolidate the two smaller loans along with purchasing a new mower and we would like to pay our parents back money they loaned to us while my wife was off work and in the hospital. Thank you for your time and I promise you will not be sorry by placing a bid on me. YOU WILL get your money back. I belive the loan we already have with prosper proves that. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 333940 | Debt Consolidation and improve credit after Identity Theft | HR | $5,000 @ 35% | May 23, 2008 | Expired |
| 358526 | Debt Consolidation and improve credit after Identity Theft | E | $2,000 @ 35% | Jun 30, 2008 | Expired |
| 370948 | Improve credit after Identity Theft | E | $1,500 @ 35% | Jul 28, 2008 | Loan created |
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