p2p lending at lending club
pay off high interest rate card and green card app. fee

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Listing Information
Amount: $5,000.00 Status: Loan created
Grade: C DTI: 39%
Lender Rate: 13% Borrower: jcoolwa
Time Left: Finished State: WA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-08-21 EricsCC ROI: 11%
Status History
Aug 20, 2008 Current
Purpose of loan:
This loan will be used to? pay off one high interest rate card and to cover the cost of my wife green card application fee which is about 545.00 dollars.  Also, the major reason why my credit cards are max out now is because of the credit card companies game they are playing of lowering all of my credit lines to where they are only a few hundred dollars above the balance.  That is why my credit grade has drop one grade and the balances are so high.  

My financial situation:
I am a good candidate for this loan because? I just got married three years ago, so have been learning financial lessons the hard way.  I know what I need to do now in order to provide and take care of my awesome wife from Cambodia.  So now I am in the process of taking care of the credit card debt so I and take care of her and get into a home.  So my values have change and now I have to get the cards out of my life.  Now trying to negotiate with credit card companies and to pay for green card application for wife.  We will also be moving in two months to be closer to work and save on gas money.  Thanks for helping out by becoming the man of the house and taking responsibility for my family.

Monthly net income: $ 3000.00

Monthly expenses: $
  Housing: $ 665.00
  Insurance: $ 150.00
  Car expenses: $ 375.00
  Utilities: $ 75.00
  Phone, cable, internet: $ 140.00
  Food, entertainment: $ 300.00
  Clothing, household expenses $ 50.00
  Credit cards and other loans: $ 1000.00
  Other expenses: $
Borrower's Other Listings
179113 Money for relocation to new apartment close to wife's work B $3,000 @ 12% Jul 31, 2007 Loan created
336346 Paying off two more high Interest Rate Cards C $10,000 @ 13% May 21, 2008 Expired

 

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