p2p lending at lending club
Pay down credit card bills
Homeownership Verified

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Listing Information
Amount: $10,000.00 Status: Expired
Grade: D DTI: 25%
Lender Rate: 15% Borrower: rollie34
Time Left: Finished State: NJ
Funded: 0% Group: (No Group)
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190853 Use loan to pay down 401k loan D $19,000 @ 14% Aug 23, 2007 Withdrawn
202751 Pay down credit card bills D $20,000 @ 14% Sep 19, 2007 Withdrawn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379341 Pay down credit card bills D $5,000 @ 14% Aug 13, 2008 Withdrawn

 

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