p2p lending at lending club
Pay off Debt and Cancel Credit Cards

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Listing Information
Amount: $5,000.00 Status: Loan created
Grade: C DTI: 0%
Lender Rate: 22% Borrower: danpmc1
Time Left: Finished State: FL
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-08-14 EricsCC ROI: 20%
Status History
Aug 14, 2008 Current
Purpose of loan:
This loan will be used to consolidate several different CC payments into one loan payment, which will also reduce my monthly expenses. I would like this loan especially so I can cancel my credit cards and relieve myself from the cycle of debt.

My financial situation:
I am a good candidate for this loan because my income is stable, i.e. I have been working at my primary job for 8 years and it is located in a wealthy area so my income is relatively unaffected by the current slump in the economy. I also have been working a second job for 6 months which makes me extremely confident that I will have no problem paying off this loan.

Monthly net income: $ 45,000

Monthly expenses: $
  Housing: $ 670
  Insurance: $ 140
  Car expenses: $ 331
  Utilities: $ 150
  Phone, cable, internet: $ 50
  Food, entertainment: $ 300
  Clothing, household expenses $ 100
  Credit cards and other loans: $ 400
Borrower's Other Listings
373170 Pay off and Cancel Credit Cards C $5,000 @ 25% Jul 25, 2008 Expired

 

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