p2p lending at lending club
Payoff 1st prosper loan +
Homeownership Verified

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Listing Information
Amount: $10,000.00 Status: Withdrawn
Grade: B DTI: 34%
Lender Rate: 22% Borrower: lakers4life
Time Left: Finished State: OK
Funded: 19% Group: (No Group)
Purpose of loan: Consolidation, I will use this loan to payoff my 1st loan through prosper and a master card. I will also use a portion to continue additional cost for probate attorney and other legal issues (back taxes on 2 properties that is still in probate) dealing with the lost of my mother since february of 2007.
(explain what you will be using this loan for)

My financial situation: I feel like Im a good candidate due to the fact im not behind on any of my debts, also Im in the process of selling a House that was left to me after my mother passed in febuary of last year. Since that time I have been managing my house as well as my father house. The sell of this house (the house is still in probate we didnt expect it to take this long) will pay off alot of my mother and father debt. I figure with this loan I will have 1 payment to make instead of several and it would save me on monthly payments which would allow me to help my father even further. Currently my father gets less then $700 a month from ssi his mortage takes almost half of that @ $315 a month add utilities, insurance, food, gas and misc and he is in the hole 300-450 a month. Once the probate gets through the sell of another property will free up his mortage which in turn helps me from making up the difference monthly.
(explain why you are a good candidate for paying back this loan)

Monthly net income: $2,400-$2,900 ($1,965 primary job + $500-1,000 secondary job)

Monthly expenses: $
  Housing: $300
  Insurance: $70($250K Life) $85 (car)
  Car expenses: $100-150 (for gas) both cars are paid off
  Utilities: $285 (electric,water,gas)
  Phone, cable, internet: $130
  Food, entertainment: $180
  Clothing, household expenses $100
  Credit cards and other loans: $785
  Other expenses: $175
Borrower's Other Listings
185321 Consolidation A $9,000 @ 16% Aug 10, 2007 Loan created
285203 Consolidation A $15,000 @ 9% Feb 27, 2008 Withdrawn
286477 Consolidation A $15,000 @ 17% Mar 01, 2008 Expired
291565 Consolidation A $6,000 @ 12% Mar 11, 2008 Withdrawn

 

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