Eric's Credit Community

Income

F/T Employment (Net): $1691.00

Worst Case Scenario Extra Income***: 110.00

Total: 1801.00

My Expenses:

Household Expenses: $ 720.00

Student Loan Payment*: 100.00

Gas for company car: 175.00

Total: 995.00

Debt:

Subsidized Student Loan $3500.00

Unsubsidized Student Loan 3700.00

Capital One Current Balance**: 197.00

Household Bank Current Balance**: 199.00

Mother?s Children?s Place Credit Account*: 533.00

8129.00

Use of Loan Funds:

I have been advised that the lack of credit experience reflects on my score. The explanation I was given is that the only thing really showing on my report is my 2 credit cards. I was instructed to get a car loan or something of that sort. Not a chance!

Instead I will use the prosper loan to consolidate my credit card balances, my mother?s Children?s Place Account, (used by her for the grandkids), pay the balances on my own credit cards and stop using them, using the prosper loan to carry my credit score, and pay off one of my husband?s high interest rate credit cards which he used to relocate to NJ from TN and pay for our wedding.

* Items are voluntary.

** Are due to dental bills which are not covered under medical insurance and will be paid in full on or before due dates.

***This income is derived from my husband giving me half of his tips from work, extra work for full-time employer as I am a salaried employee, hair braiding, selling used furniture acquired as a benefit of working for a moving company with astute clients. Again, with all these extras, $110.00 in a month is a worst case scenario.

Thank you all for taking a look at my listing.

***I AM WILLING TO EXPLAIN THE ENTIRE SITUATION OF BANKRUPTCY, DELINQUENCIES, UNEMPLOYMENT AND BREAKDOWN OF MY STABILITY BY EMAIL OR PHONE UPON REQUEST***