Pretty please with sugar on top!!?!? RELIST 4th 1/2 time!
| Listing Information | |||
|---|---|---|---|
| Amount: | $2,500.00 | Status: | Loan created |
| Grade: | E | DTI: | 12% |
| Lender Rate: | 35% | Borrower: | jonsmom10 |
| Finished | State: | MI | |
| Funded: | 100% | Group: | HR-Bad Credit BUT Good People! |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-06-20 | EricsCC ROI: | 33% |
| Status History | |
|---|---|
| Jun 20, 2008 | Current |
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Purpose of loan: Relist at lower dollar amount CHANGED TO THE "NO AUCTION" STATUS THANK YOU TO THE ONE BIDDER WHO BELIEVED IN MY LOAN REQUEST! This loan will be used to payoff credit card debt. The main purpose is to not only pay off the rest of my credit card debt, but to sooner rather than later refinance my current mortgage which is for 30 years to a 15 or 10 year mortgage. By paying off my debt it will than boost my credit score which will give me a better mortgage interest rate. By having a 15 year mortgage I will have our home paid for by the time my son is ready to go to college. I am a single mom with a mortgage and so every penny I have goes to make sure my son has a great future!! Each year I have used most all of my income tax refund to payoff my debt and collections. I had a very low credit score and was very irresponsible until my son was born and for the past 5 years I have worked at getting my credit back in line and I sucessfully obtained a my very first mortgage to buy my son and I our home! I did it with a pretty decent rate of fixed @7.00%...not bad considering my past history! Everything and every financial decision I do I always have my son in the front of my mind. I am re listing my request because I wanted to address the $198 deliquency that is listed, I was not aware of this until I listed my loan..the deliquent account is a medical bill that went to collections. I was not aware of the and it will be taken care of next week with my payroll. Not to sure why my credit profile is "E" my scores for the 3 bureaues is in the 630 range...which would still be a "D" rating with prosper. My financial situation: I am a good candidate for this loan because I have a great job as a loan officer. I have worked in the same line of work for 17 years and I am very stable at my job. I also do independent work on the side which I havent included. Monthly net income: $ 2480.00 Monthly expenses: $ Housing: $ 732 Insurance: $ 106.00 Car expenses: $ 200.00 Utilities: $ 30.00 Phone, cable, internet: $ 75.00 Food, entertainment: $ 150 Clothing, household expenses $ 50 Credit cards and other loans: $100 Other expenses: $ QUESTIONS ASKED FROM MY PREVIOUS LISTING: Q: If you have a mortgage at 7%, why do you want to renegotiate your mortgage? -Jshorts A: I would like to refinance my mortgage to a 15 year term, currently at our local credit union I can get a rate of 5.875%. My goal is to have my mortgage paid in full by the time my son is ready for graduation. But to get that rate my score needs to be increased a little more...I'm currently 634/639/614 (all 3 bureaus) I need to be appx 680-700 score.....so my score is lower due to the capcity levels of my credit cards...I had to have car repair, roof repair so I used my cards. Thank you! (Jun-11-2008) Q: Hello. Can you explain how you squeeze gas/electric, water, garbage, etc into a $30 utility payment? Just curious if that was supposed to be $300 instead of $30. -Schmoof A: Hello! Great question, I am fortunate with that...I only have electric and my monthly budget payment is $27.00 I live in the country I have well water, and I can burn my trash...my gas I pay out of pocket twice a year to fill my tank! Thank yo |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 339184 | Paying off credit card debt | E | $3,500 @ 20% | May 26, 2008 | Withdrawn |
| 340471 | Paying off credit card debt | E | $3,500 @ 35% | May 28, 2008 | Withdrawn |
| 343205 | GRADUATION 2020-relist @ lower amount | E | $3,000 @ 35% | Jun 02, 2008 | Withdrawn |
| 346203 | GRADUATION 2020-relist @ lower amount | E | $2,500 @ 35% | Jun 06, 2008 | Withdrawn |
| 350277 | Pretty please with sugar on top!!?!? RELIST 4th time! | E | $2,500 @ 35% | Jun 14, 2008 | Withdrawn |
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