Pay down credit cards, rebuild credit/life
| Listing Information | |||
|---|---|---|---|
| Amount: | $1,700.00 | Status: | Loan created |
| Grade: | HR | DTI: | 26% |
| Lender Rate: | 35% | Borrower: | bri_rivers |
| Finished | State: | FL | |
| Funded: | 100% | Group: | Debt Consolidation & Friends |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-10-01 | EricsCC ROI: | 34% |
| Status History | |
|---|---|
| Oct 01, 2008 | Current |
|
Purpose of loan: I have two credit cards that are current, but the balances are very near the limit and I would like to pay them down. I used them primarily for Christmas last year, planning to pay them off with my annual bonus. Due to the economy though, my company was not able to issue bonuses. I have been making my monthly payments on time, but it is hard to make a significant dent in the balance. I would also like to take care of an old collection on my credit. I have been able to resolve all other old issues on my credit over the past couple of years and would like to get this one cleared up as well. I believe that with paying off these debts and making timely payments to this loan, I would be able to make great improvements to my credit. My financial situation: I am a hard working, responsible person who is trying to correct the mistakes of my past and move forward in a positive way. I have been with my company since 2001. I love my job and I work very hard at it. I have been promoted several times within the company and continue to better myself. With the influence of my career and my fiance, I have been able to learn and utilize the tools needed to be responsible with my finances. I have a student loan, in addition to my regular bills that I pay each month. After seeing the Prosper is showing 7 delinquencies on my credit report, I pulled my Experian report to verify this information. On the report I pulled in early September, I only found 4 delinquents. My current accounts are my auto loan, two student loans (combined) and two credit cards. The 4 delinquents are an old credit card which I settled in 2006, two medical bills that have been paid, and another old credit card which I plan to have resolved by the end of this year. Thank you for your consideration. Please feel free to ask any questions. Monthly net income: $ 1900+ (depending on bonuses) Monthly expenses: $ 1400 Housing: $ 350 Insurance: $ 100 Car expenses: $ 345 Utilities: $ Phone, cable, internet: $ 150 Food, entertainment: $ 100 Clothing, household expenses $ Credit cards and other loans: $ 350 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 394867 | Paying off my credit cards and debt to improve my credit | HR | $3,000 @ 35% | Sep 08, 2008 | Withdrawn |
| 395808 | Pay down credit cards, rebuild credit/life | HR | $3,000 @ 35% | Sep 10, 2008 | Expired |
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