Paying Student Loan
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 26% |
| Lender Rate: | 21% | Borrower: | tt1919 |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-09-16 | EricsCC ROI: | 21% |
| Status History | |
|---|---|
| Sep 14, 2008 | Current |
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Purpose of loan: This loan will be used to to pay back my student school loan so that I can get it off my shoulders. My goals are to pay down my loans within the next 12 months; currently I owe approximately $58,000 (originally $175,000) and the Prosper loan will bring the amount down to $33,000 and from there I hope to knock out the remaining debt quickly. My financial situation: My financial situation is in great standing. I have a great position with the same company I have worked for since 2003. I have never defaulted or been late to pay any bill as reflected in my credit report. Furthermore, I am a proud homeowner. I will repay this loan every month via automatic payments. Monthly Income: $7,600 (after taxes) Gas: $300 Food & Entertainment: $700 Auto Payment: $930 Credit Cards: $500 Mortgage: $1200 Other Expenses: $250 Student Loan $700 Remaining Total: $3,020/month I am a good candidate for this loan because I have a steady, well paying job which I love. I also have never defaulted or been late to pay any type of bill. Hopefully the Prosper network can help me significantly reduce my remaining student loans. |
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