Debt Consolidation - Private School Payment for Son
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,000.00 | Status: | Withdrawn |
| Grade: | B | DTI: | 36% |
| Lender Rate: | 17% | Borrower: | ckw1969 |
| Finished | State: | VA | |
| Funded: | 33% | Group: | (No Group) |
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Purpose of loan: This loan will be used to? Consolidate debt - Pay my son's private school tuition. My financial situation: I am in a tight spot. I owe my college 4,208, and they will NOT allow me to do a payment amout lower than 1000 a month, with only four months to pay it off. As of July 1st, my rent goes up 1575.00 (from 1400). I have a son in private school that I don't use loans for, I usually pay half in Sept, and half in February which comes to 2200.00. Had it not been for the money owed to my university, this loan would not be necessary, but I cannot afford an extra 1000 a month out of my paycheck. The first payment I miss they immediately go to collections, at 17% interest to my bill. I filed bankruptcy in 2003, but still would like a home before I die, so I do not want any bill in collections. Monthly net income: $ 3836 Monthly expenses: $ Housing: $ 1575.00 Insurance: $ Car expenses: $ 0.00 No car Utilities: $ included in rent Phone, cable, internet: $ 165. Food, entertainment: $ 400 Teenage boy (Food/Groceries) Clothing, household expenses $ Credit cards and other loans: $ 25 -100 (don't always use credit card - have a 500 maximum limit) Other expenses: $ 2200 (Semi-Annually) |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 357905 | Pay towards unexpected expenses. | B | $3,000 @ 17% | Jun 26, 2008 | Withdrawn |
| 381024 | Pay off debt | C | $3,000 @ 20% | Aug 11, 2008 | Withdrawn |
| 383648 | Pay off debt | C | $1,500 @ 19% | Aug 16, 2008 | Loan created |
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