p2p lending at lending club
Consolidating High Interest Loan and Credit Cards
Homeownership Verified

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Listing Information
Amount: $7,000.00 Status: Expired
Grade: C DTI: 26%
Lender Rate: 35% Borrower: nikkipin37
Time Left: Finished State: CO
Funded: 49% Group: (No Group)
Purpose of loan:
This loan will be used to consolidate credit card debt as well as a high interest personal loan.

My financial situation:
I would make a good canidate for this loan because I have a stable job that will allow me to make the payments on this loan.  I work in accounting and have been with my present employer for 2 1/2 years and plan to stay here well into the future. I also supplement my income by doing janitorial work in the evenings and on weekends.  I am a hardworking, honest, reliable person and I am committed to paying my debts in full and in a timely manner.  I had some financial difficulties in the past due to an unexpected layoff, but I am now back on my feet and committed to re-establishing my prior excellent credit rating.  My goal is pay off all unsecured debts (credit cards and personal loans) within the next 3 to 4 years.

Monthly net income: $ 4264

Monthly expenses: $ 
  Housing: $ 917
  Insurance: $ 100
  Car expenses: $200
  Utilities: $ 190
  Phone, cable, internet: $ 160
  Food, entertainment: $ 200
  Clothing, household expenses $ 100
  Credit cards and other loans:  $600 (bills that will be consolidated with new loan from Prosper).
  Other expenses: $200

As you can see from my budget, I am more than capable of making the payments on this loan.

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Borrower's Other Listings
307197 Paying off Medical Bills and Credit Cards D $5,000 @ 18% Apr 10, 2008 Withdrawn
307243 Paying Off High Interest Payday Loans and Credit Cards C $7,000 @ 35% Jun 20, 2008 Withdrawn
354258 Paying Off High Interest Payday Loans and Credit Cards C $7,000 @ 35% Jun 20, 2008 Expired
358661 Paying off Credit Cards and Medical Expenses C $7,000 @ 35% Jun 27, 2008 Withdrawn
359786 Paying off Bills C $7,000 @ 35% Jun 30, 2008 Withdrawn
359795 Paying off Bills C $7,000 @ 35% Jun 30, 2008 Expired
363687 Paying off Bills C $6,000 @ 35% Jul 08, 2008 Withdrawn
364351 Paying off Bills C $7,000 @ 35% Jul 09, 2008 Withdrawn
369123 Paying off Credit Cards; 2nd Try for a Lower Amount C $5,000 @ 35% Jul 17, 2008 Loan created

 

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