Pay down credit card bills

| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Expired |
| Grade: | D | DTI: | 25% |
| Lender Rate: | 15% | Borrower: | rollie34 |
| Finished | State: | NJ | |
| Funded: | 0% | Group: | (No Group) |
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Purpose of loan: The purpose of this loan is to pay down my credit card bills. My financial situation: We will use this additional loan to continue to pay down credit card debt that we had acquired when we bought our home a few years ago. The high interest rate the credit cards are charging is outrageous. Ever since they decided to mark up the rate, it's been difficult to get back on track. I would rather have the interest rate from this loan given to you rather than the credit card companies. We will not default on this loan and if I am suddenly laid off my 401k will still be able to pay back the prosper loan as well as the remaining credit card debt. Can you please help? If you have an questions please feel free to email us. Thanks. Monthly net income: $ 5500 Monthly expenses: $ Housing: $ 913 (mortgage) Car Insurance: $ 350 Car expenses: $ $280 (gas & upkeep) Utilities: $ 120 Phone, cable, internet: $35. no cable or internet expenses Food, entertainment: $ 150 Clothing, household expenses $ 100 Credit cards and other loans: $ 1500 Other expenses: $ 60 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 190853 | Use loan to pay down 401k loan | D | $19,000 @ 14% | Aug 23, 2007 | Withdrawn |
| 202751 | Pay down credit card bills | D | $20,000 @ 14% | Sep 19, 2007 | Withdrawn |
| 219410 | Pay down credit card bills | C | $5,000 @ 14% | Oct 22, 2007 | Loan created |
| 379341 | Pay down credit card bills | D | $5,000 @ 14% | Aug 13, 2008 | Withdrawn |
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