Son going off to college
| Listing Information | |||
|---|---|---|---|
| Amount: | $2,300.00 | Status: | Loan created |
| Grade: | C | DTI: | 21% |
| Lender Rate: | 23% | Borrower: | spartyre1 |
| Finished | State: | MI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-18 | EricsCC ROI: | 21% |
| Status History | |
|---|---|
| Aug 15, 2008 | Current |
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Purpose of loan: The proceeds of this loan will be used to help pay for our eldest son's college tuition and notebook computer as well as other school and dorm supplies related to his first semester of his freshman year at Northwestern University. My financial situation: I am a great candidate for this loan because although my credit score may not indicate it, I am extremely reliable and trustworthy. I understand the importance of repaying this loan on time and I intend to do so. With regard to my credit history, my low credit score is a result of a high number of credit accounts. I currently have 16 open accounts however I have zero charge-offs. My credit profile indicates that I am delinquent $456. That has been taken care of and I am now current on all my obligations.Two months ago we moved to a smaller home thus decreasing my debt load by about $320,000 and saving $2,200 per month in housing expenses. I intend to repay this loan in full in three months however because my monthly take home pay totals $5,700, my cash flow is sufficient to cover all principal and interest payments. Thank you for viewing my listing and I look forward to working with you!!!! Monthly net income: $5,700 Total Monthly expenses: Housing, credit cards, vehicle, insurance etc $3,938 Net Monthly Cash Flow: $1,762 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 373994 | Son going off to college | C | $3,000 @ 20% | Jul 27, 2008 | Expired |
| 377393 | Son going off to college | C | $3,000 @ 28% | Aug 03, 2008 | Withdrawn |
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