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CURRENT MonthlyHousehold
Income/Expense Income ? Cindy; 3,000.00
Jody; 2,000.00 =Total $5,000.00
Expenses: House Payment 750.00 ; 2nd on
Note 250.00; Jody?s Truck 460.00; Cindy?s Car 280.00; Bank
Loans(3) 215.00; Utilities 235.00;
Phone 60.00; Gas 400.00; Groceries 300.00; Personal
50 ea ppd 200.00; Insurance (Vehicles)
170.00; IRS 110.00; Student
Loan 50.00; Credit Cards (2) 100.00; Tobacco 200.00;
Doctor Bills/Meds 20.00; PayDay Loan Fees $1,030.00
(4,015.00 Loans plus fees) Total Monthly Expense $4,920.00 <o:p></o:p>
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LOAN REQUEST HAS BEEN UPDATED TO INCLUDE ALL BUT ONE PAYDAY LOAN AND MY
SMALLEST BANK LOAN $3,100.00<o:p></o:p>
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CHANGES BASED ON LOAN ACQUISITION: NEW EXPENSE $4,135.00 LEAVING US $865.00 TO
TAKE CARE OF THE OTHER PAYDAY LOAN (AT $100 PER PAYDAY) AND THE LOAN TO
PROSPER.
In addition to the payday loans, I have a creditor ? Professional Credit
Services wanting a total of $1,030.00 for past due medical bills. Last
month, my car was running rough and I had to put 120.00 into it ? bare
necessities; I was late on my Student Loan in July ? that makes up the 12
delinquencies that are showing on my credit report. I am not late on my
other monthly obligations and have not missed any payments. I borrowed
the money to buy the house we are in, in the last stages the funding for 100%
fell through and I was only able to get a loan from the bank for 80% - the
seller, who is a family friend is carrying the other 20% which has a balloon
payment due in 5 years. We took out the first payday loans when we
incurred a bill for a septic pipe issue we had after we lived in the house for
about 3 months ? it HAD TO BE fixed. We did not have savings ? what we
had we used for closing costs and to buy my husband a better used pickup and
his 1984 gmc was fast dying. I will also pay off the small bank loan I
have. At any rate, we have continued on a downward spiral trying to gain
ground. A friend told us about Prosper and we just thought maybe you
would recognize our sincerity. We just want to keep our house, try to
refinance at the end of the prepay penalty period (3 years) and pay off the
second. With the payday loans, we cannot make headway on our credit
issues from our past. Please find us worthy and help keep our dream of
keeping our house alive. With your help, we will free up monthly cash to
pay down other credit while rebuilding savings for unforeseen circumstances. |
