p2p lending at lending club
2nd Child On The Way
Homeownership Verified

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Listing Information
Amount: $14,600.00 Status: Withdrawn
Grade: B DTI: 67%
Lender Rate: 22% Borrower: banksters
Time Left: Finished State: CO
Funded: 1% Group: (No Group)
Purpose of loan:
We have a 2nd child on the way. Instead of trying to buy a larger home (and thereby trying to sell our current Townhome), we are remodeling the basement into a living space. The last thing to do is put in the bathroom (approx. $10,000 when all said and done).
My financial situation:
I have been faithful to my payments on the first loan. We have had to use our credit cards on the remodeling job. I will use the remaining $4600 to pay off 1 credit card.My payment history hopefully speaks for itself. And my wife who works will be paying this loan, although I can't include her income which effects the DTI. Keep in mind many if not most of our expenses are shared.

Monthly net income: $ 4400.00

Monthly expenses: $
  Housing: $ 650 (this is my half of the mortgage payment. My wife pays the other half.)
  Insurance: $ 163.00
  Car expenses: $ 330.00
  Utilities: $ 140.00
  Phone, cable, internet: $ 170.00
  Food, entertainment: $ 400.00
  Clothing, household expenses $ 200.00
  Credit cards and other loans including current Prosper loan: $ 1300.00
  Other expenses: $250.00
Borrower's Other Listings
152700 High Interest Credit Card Consolidation Loan A $15,000 @ 18% Jun 15, 2007 Loan created
371415 2nd Child On The Way--Need 2nd bathrm. B $14,300 @ 27% Jul 22, 2008 Withdrawn

 

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