Eric's Credit Community

Hello lenders, 
I am requesting this loan in order to purchase a vehicle for commuting between college, work, and home and to establish more credit.  As you can see I have a B credit grade and I have no derogatory information on my credit report.  My PLUS score is 727 and I have no current or past delinquencies and 0 public records.  I currently have $543.00 out on a credit card through Key Bank but I have included payments for it in my budgets below.  I also currently have $16,794.00 in student loans that I will begin payment on after I graduate in 2 and a half years.  My plan is to pay this loan off in 2 years or before I have to start making payments on my student loans.  My DTI is high because I am borrowing money for college and it does not reflect my non-housing monthly debt burden.

Monthly summer budget:
Revenue:$1,312.00
Less:
Spending money - $280.00
Car gas - $160.00
Phone - $60.00
Rent - $294.00
Credit card - $50.00
Car insurance - $134.00
Loan payment + principal - $141.00
Total expenses - $1119.00
Net income:$193.00
Bottom line I can use this extra $193.00 a month to put into savings or to make higher payments on this loan.

Monthly college budget:
Revenue:$1472.00
Less:
Spending money - $200.00
Car gas - $120.00
Food - $200.00
Rent - $294.00
Cable - $40.00
Gas - $60.00
Electric - $60.00
Water - $10.00
Phone - $60.00
Credit card - $50.00
Car insurance - $134.00
Loan payment + principal - $141.00
Total expenses - $1369.00
Net income:$103.00
Bottom line I can use this extra $103.00 a month to put into savings or to make higher payments on this loan.

**Please note: Further financial information and vetting can be found at the following link:
http://prosper.spreebb.com/index.php?act=ST&f=11&t=6808&st=0#entry72524

My income during the summer comes from my full time job (already arranged for next summer with a raise!) and during college it comes from a 20 hour a week part time job and my student loan.  Thanks for your time and happy bidding.