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Plastic Destruction! Final Debt Consolidation!

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Listing Information
Amount: $14,555.00 Status: Loan created
Grade: A DTI: 32%
Lender Rate: 14% Borrower: Silverbane
Time Left: Finished State: WI
Funded: 100% Group: armed forces
Loan Information
Loan Status: Current Origination Date: 2008-10-03 EricsCC ROI: 14%
Status History
Oct 03, 2008 Current
Purpose of loan:
I earn a very good salary but unfortunately took on too many high interest credit card debt during my college years.

I would like to consolidate the rest of my credit card debt into a single payment and terminate my cards.

When this loan gets funded this is how I plan on using the money:
$7,500 towards Discover @ 27.78%
$3,500 towards Mastercard @ 24.77%
$2,500 towards Visa @ 28.26%

Additionaly I would like to re-invest $1000 back into prosper.

With this loan I will be free of the chains the credit card companies have put upon my leg.  It is very difficult getting yourself out of debt, especially with such high interest rates they love the get the typical college kids in.  I have payed my dues and learned my lesson, and with your support I would love to be free of the burden of high interest rates.

My financial situation:
I am a single hard working individual and am employed by a major computer programming company for over three and a half years now.

Please give me a chance and let me prove myself. Thank you.

Monthly net income: $8000.00

Monthly expenses: $
  Housing: $690.00 
  Insurance: $150.00 
  Car expenses: $500.00 
  Utilities: $360.00 
  Phone, cable, internet: $60.00 
  Food, entertainment: $450.00 
  Clothing, household expenses $75.00 
  Credit cards and other loans: $1200.00 
  Other expenses: $50.00
Borrower's Other Listings
127118 Consolidate credit card and auto loan B $25,000 @ 7% Apr 22, 2007 Expired
133382 Re-invest in Prosper.com, payoff debt and consolidate credit B $25,000 @ 14% May 06, 2007 Expired
139955 CONSOLIDATE CREDIT CARDS (2ND ATTEMPT) B $19,000 @ 14% May 19, 2007 Expired
143162 CONSOLIDATE CREDIT CARDS (2ND ATTEMPT) B $20,000 @ 16% May 26, 2007 Expired
169667 A new begining, debt consolidation! B $15,000 @ 15% Jul 15, 2007 Loan created
394660 Plastic Destruction! Final Debt Consolidation! A $14,626 @ 14% Sep 08, 2008 Cancelled

 

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