Pay off high interest credit card
Homeownership Verified

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Listing Information
Amount: $10,000.00 Status: Loan created
Grade: AA DTI: 11%
Lender Rate: 9% Borrower: thedeise
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-09-18 EricsCC ROI: 9%
Status History
Sep 17, 2008 Current

Purpose of loan:
This loan will be used to pay off high interest credit card debt.

My financial situation:
My monthly expenses are laid out below. Basically my credit card debt looks like this

           12,736.10 8.00%
            4,025.53 28.99%
            5,392.77 28.99%

You can see below that I have committed $1200 a month to paying my credit cards but the monthly interest is killing me. If I am approved for a loan through Prosper, I will use the $10000 to pay back the higher interest cards and I will be able to pay down my debt sooner.
I will never let this happen again.

Monthly Net Income = $5768

Total Expenses = $5670

My current expenses are

Mortgage $2200

Electric/Water $200

Gas $40

Cell Phone $100

Phone/Internet $50

Credit Cards $1200

Groceries $600

House/Car Insurance- $280

Gas for Auto $300

Childcare- $700



Thank you for reading
Borrower's Other Listings
350715 Pay off high interest credit card AA $10,000 @ 10% Jun 15, 2008 Expired
362541 Pay off high interest credit card AA $10,000 @ 10% Jul 05, 2008 Expired
389911 Pay off high interest credit card AA $10,000 @ 12% Aug 28, 2008 Expired

 

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