p2p lending at lending club
Consolidate auto debt - have high income

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Listing Information
Amount: $7,000.00 Status: Withdrawn
Grade: D DTI: 13%
Lender Rate: 35% Borrower: striders
Time Left: Finished State: CA
Funded: 4% Group: (No Group)
Purpose of loan:
This loan will be used to:

UPDATE: This is a re-list. I withdraw the old one because I now only need to borrow money to pay the car loan as described below:

I went abroad for 8 months and left my car at my friend's house for safekeeping and gave him money to pay the monthly car payment. However, he didn't pay for it and went abroad. By the time I came back, the car was repossesed. I have discuss with the bank and they willing to settle.

My financial situation:

I am a good candidate for this loan because I am not the type of person that spend a lot of money and charge a lot of credit card bill. I have high income by working with a reputable Big 4 firms. My credit grade rating is due to that one repossessed car and an old bad credit card debt from 2001. But that's due to the dot-com bust and that was the ONLY ONE credit card that I was unable to pay since I lost my job. Everything else is current (see my credit report).

Monthly net income: $ 7,000

Monthly expenses: $
  Housing: $ 2000
  Insurance: $ 150
  Car expenses: $ 800 (majority of gas paid by employer through mileage reimbursement)
  Utilities: $ 100 (electricity and landline)
  Phone, cable, internet: $ 100 (my cell phone bill is paid by employer)
  Food, entertainment: $ 800 (self, wife, daughter - majority of cost goes to food, especially when I travel to client site)
  Clothing, household expenses $ 700 (include medicines for my wife)
  Credit cards and other loans: $ 500 
  Other expenses: $ 0
Borrower's Other Listings
373372 Consolidate high auto and CC debt - I have high income D $10,000 @ 20% Jul 25, 2008 Withdrawn
377856 Consolidate auto debt - have high income D $5,000 @ 35% Aug 04, 2008 Expired
381365 Please consider - auto loan due to extraordinary situation D $3,000 @ 35% Aug 12, 2008 Loan created

 

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