Consolidate & Increase Debt Experience for CR
| Listing Information | |||
|---|---|---|---|
| Amount: | $4,000.00 | Status: | Withdrawn |
| Grade: | D | DTI: | 7% |
| Lender Rate: | 15% | Borrower: | Smart_Borrowers |
| Finished | State: | NJ | |
| Funded: | 0% | Group: | PsychDoc's Group |
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My net monthly income is $1800. My half of the housing expenses is $880.00 My total debt which includes the following (2) credit cards of my own 4699.00 (1) credit card my mother uses to shop for my children $530.00 (1) dell account my employer allowed my husband and I to use to purchase a computer for my online education $1100.00 (2) student loans used to pay for the Associate Degree I attained in July $7300.00 One of the student loans has begun to accrue interest although the payments are not scheduled to begin until March 2007. I started to make $100.00 monthly payments on this loan in August. The high balances on my (2) cards are due to school shopping. Normally, there is a gym membership and Ez-Pass drawn from one of the card and little if any purchases made on the other. I have canceled the gym membership and the EzPass account now that I no longer have the second job that required me to travel toll roads. In 2001 I was separated from my husband and later divorced. The result was a bankruptcy due to all of our financed purchases being made on my credit. After recovering from the divorce and bankruptcy, I earned an Associate Degree in Business Administration and a raise on my job. Having been married in July, my husband has racked up a lot of charges on his credit cards. By taking this prosper loan, I hope to improve my credit as TrueCredit says that I "do not have enought debt experience". I have credit cards, but no loans or mortgages. I will also improve my situation by paying down some of my husbands higher interest debt. I will use the money to pay off Dell and my mother's Children's Place Account. The remainder will be used to pay down some of my husband's high interest credit card debt and get his score and debt to income ratio back to a desirable level. For the past year, I have made timely payments to my creditors and taken every possible opportunity to better my life and financial situation. Helping my husband will help our family to realize our dreams of saving, and purchasing a home together. Living in New Jersey, I cannot raise the interest rate any further than I have. Please consider this loan and help me to help myself. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 38529 | Minimalist seeks next accomplishment. | D | $5,000 @ 15% | Sep 11, 2006 | Withdrawn |
| 40196 | Debt Consolidation for Vetted Borrower | E | $2,600 @ 15% | Sep 17, 2006 | Withdrawn |
| 57576 | Inventory for unique selling opportunity | D | $1,800 @ 15% | Nov 06, 2006 | Loan created |
| 131203 | Small loan to pay off credit card debt | D | $1,000 @ 15% | May 01, 2007 | Withdrawn |
| 131587 | Repaid 1 Loan! Looking to Replenish Inventory for Summer. | D | $5,000 @ 14% | May 02, 2007 | Withdrawn |
| 135003 | 1st Loan Paid in Full Relisting for Summer Inventory | D | $3,000 @ 14% | May 09, 2007 | Expired |
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