Becoming debt free!
| Listing Information | |||
|---|---|---|---|
| Amount: | $11,700.00 | Status: | Loan created |
| Grade: | A | DTI: | 39% |
| Lender Rate: | 15% | Borrower: | ldh5548 |
| Finished | State: | VA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-09-08 | EricsCC ROI: | 14% |
| Status History | |
|---|---|
| Sep 06, 2008 | Current |
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Purpose of loan: This loan will be used to pay off the last of my personal debts. They are a business credit card with a balance of $931.49. A persoanl credit card with a balance of $5209.21. Also, our only auto loan which has a balance of $5536.25. My financial situation: I am a good candidate for this loan because I also have pay my bills. My wife and I just experienced having a business that failed and left us with about $35,000 of debt. We have worked hard over the last year to pay that off. I now want to pay off our personal debts. With this loan I will pay off these three debts which will leave me with only my student loan and mortgage. My goal is to pay this prosper loan off in 18 months. Then I can get started really investing and knocking out the mortgage. I work in sales and have a $600/wk salary plus bonuses. Bonuses come quarterly and are usually $1,000-$1,500. My wife works for a college and has a $35,000 salary. Please ask if you have any questions. I am starting with a high rate with hopes it goes down. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 121076 | Paying off credit card debt! | C | $15,000 @ 11% | Apr 09, 2007 | Withdrawn |
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