p2p lending at lending club
New Job! Help get us to my first paycheck please.

Click Here to view this listing on Prosper
Listing Information
Amount: $4,999.00 Status: Loan created
Grade: E DTI: 38%
Lender Rate: 29% Borrower: gbaa
Time Left: Finished State: UT
Funded: 100% Group: PsychDoc's Group
Loan Information
Loan Status: Paid Origination Date: 2006-09-19 EricsCC ROI: 29%
Status History
Sep 18, 2006 Current
Oct 17, 2007 Payoff in progress
Oct 23, 2007 Paid
First of all, there are still errors on my credit report. I am working with psychdoc's creditboards to get that resolved, including the "delinquency" mentioned here on prosper which is an error and ONLY APPEARS ON ONE of the three credit reporting agencies. More details later (below)....

Anyway, I am about to go from straight commission to a new, salaried job with a major national investment firm. The job starts in about a month. In the mean time I am studying for a test that will upgrade my licensing, which will be another great career move. Finally some STABILITY! It feels good.

Unfortunately, our savings is not going to get us to that point, we need some money to pay our bills until that first paycheck arrives, and I would rather pay interest to prosper members than a heartless bank!

This amount will get us caught up on bills and carry us for about 7 weeks until that first new paycheck arrives. We would really appreciate the help. We do promise to pay this back in a timely manner.

I have already paid off a prosper.com loan previously, and our ability to make these payments will be even better now! Our debt to income is about to plummet  for two reasons: my income will go up, and we're going to pay down our higher interest rate debt soon, since my wife's income (about $800/mo.) can go exclusively to making debt payments. Hooray!

Thanks very much for your time, help if you can!
Borrower's Other Listings
10299 Sick of Credit Cards/There are errors on my credit report E $10,000 @ 20% May 01, 2006 Withdrawn
10897 Sick of credit cards; I have errors on my credit report E $10,000 @ 23% May 03, 2006 Withdrawn
12309 Sick of Credit Cards; My Credit Report Has Errors E $4,500 @ 24% May 09, 2006 Withdrawn
14422 Paying off credit cards; They put errors on my credit report E $1,000 @ 20% May 18, 2006 Loan created
38025 New Job! Help get us to my first paycheck please. E $4,999 @ 29% Sep 09, 2006 Withdrawn

 

Discussion For This Listing

No Comments Found For This Listing

Post A Comment
You must be logged in to post comments on listings. Not yet a member? register here