Breaking the Cycle

| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Expired |
| Grade: | B | DTI: | 22% |
| Lender Rate: | 31% | Borrower: | Faith98 |
| Finished | State: | CA | |
| Funded: | 35% | Group: | (No Group) |
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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| 395862 | Breaking the Cycle | B | $5,000 @ 16% | Sep 10, 2008 | Withdrawn |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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