p2p lending at lending club
Help me get out of high interest rates!!

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Listing Information
Amount: $7,000.00 Status: Loan created
Grade: D DTI: 24%
Lender Rate: 14% Borrower: Rainbowbrt56
Time Left: Finished State: FL
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-07-03 EricsCC ROI: 13%
Status History
Jul 09, 2008 Current
Purpose of loan:
This loan will be used to pay off 2 credit cards that I maxed out while I was unemployed. They both have very high interest rates and it will be hard for me to pay them off at the rate I am paying.

My financial situation:
I am a good candidate for this loan because I am employed full time with a Nationwide Staffing firm making a good base pay plus commission and bonuses. I could pay off the loan as quick as the end of this year with the bonuses I will be receiving. I also have not had a late payment for over 3 years and I have not had a delinquent account for over 7 years. I am financially responsible I just got in a jam from being unemployed for 6 months.

Monthly net income: $ 3580 before commission

Monthly expenses: $ 2580
  Housing: $ $650.00
  Insurance: $ 200
  Car expenses: $ 440
  Utilities: $ 130
  Phone, cable, internet: $ 160
  Food, entertainment: $ 500
  Clothing, household expenses $ 200
  Credit cards and other loans: $ 300
  Other expenses: $
Borrower's Other Listings
294159 Paying off credit card C $5,000 @ 15% Mar 16, 2008 Expired

 

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