p2p lending at lending club
Breaking the Cycle
Homeownership Verified

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Listing Information
Amount: $15,000.00 Status: Expired
Grade: B DTI: 22%
Lender Rate: 31% Borrower: Faith98
Time Left: Finished State: CA
Funded: 35% Group: (No Group)
Purpose of loan:
This loan will be used to? pay off a high interest credit cards. 

My financial situation:
I am a good candidate for this loan because? I'm willing to make the necessary sacrifices to achieve financial independence for my family.  I'm a hard working single mother, working in the legal field as a Legal Assistant/Secretary since 1991. I poured all of my savings into my first home just as the real estate market was heading on a downturn in 2006. I am working diligently to stay afloat. I would like to pay off high interest rate credit cards in order to continue to provide a healthy and secure life for my child.

Monthly net income: $ 5,500.00

Monthly expenses: $
  Housing: $ 2750.00
  Insurance: $ 200.00 (i.e. car, home warranty, life ins.)
  Car expenses: $ 300.00 (i.e. loan & gas)
  Utilities: $ 100.00
  Phone, cable, internet: $ 100.00
  Food, entertainment: $ 200.00
  Clothing, household expenses $ 50.00
  Credit cards and other loans: $ 850.00
  Other expenses: $
Borrower's Other Listings
388661 Breaking the Cycle B $4,000 @ 14% Sep 02, 2008 Expired
395862 Breaking the Cycle B $5,000 @ 16% Sep 10, 2008 Withdrawn
406590 Breaking the Cycle B $8,500 @ 24% Oct 02, 2008 Loan created

 

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