Paying off college loans (MBA completed)

| Listing Information | |||
|---|---|---|---|
| Amount: | $23,635.00 | Status: | Loan created |
| Grade: | AA | DTI: | 38% |
| Lender Rate: | 18% | Borrower: | There2009 |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-11 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| Aug 08, 2008 | Current |
|
Purpose of loan: This loan will be used to pay off and consolidate high interest college loans for my MBA. I owe a total of just under $23,635 on my student loans and I'm look for the opportunity to consolidate them under one lower interest rate loan. My current blended rate comes out to 27.625% (yes, I know, I made some poor loan choices to in order to finish my degree). My financial situation: My annual income is $70,304 as a Communications Specialist plus $9588 in annual disability pay, and my wife makes $33,280 as teacher. Obviously, my DTI does reflect my disability compensation and my wife's salary. Our combined income gives us more than plenty of cash flow to cover the monthly cost of this loan and still build up our savings. Please note that my credit score is almost an 800 because I'm at the age of 32 and I have never missed or been late on one single payment and I never borrow more than I can handle!NOTE: This listing had to be withdrawn and resubmitted because my "group leader" abandoned Prosper and the system required his approval. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 122435 | Startup Inventory | A | $25,000 @ 12% | Apr 12, 2007 | Withdrawn |
| 124661 | Doubling product selection | A | $25,000 @ 14% | Apr 17, 2007 | Withdrawn |
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