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Moving to Another state for New Job

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Listing Information
Amount: $1,850.00 Status: Loan created
Grade: D DTI: 11%
Lender Rate: 29% Borrower: unimike
Time Left: Finished State: CA
Funded: 100% Group: A WONDERFUL JOURNEY STARTS HERE
Loan Information
Loan Status: Current Origination Date: 2008-10-08 EricsCC ROI: 28%
Status History
Oct 07, 2008 Current
Purpose of loan:
This loan will be used to finance the moving expenses such as renting U-Haul trailer, covering the gas expenses and to pay for the new apartment while I have to wait for the security deposit return from the landlord that I am ending the month-to-month lease with.  I have recieved the job offer with an government agency which required me to relocate across the country from Los Angeles, CA to Austin, TX.  Unfortunately, the agency does not provide the relocation assistance, so I have to shell out the expenses on my own.  Renting the trailer runs at approximately $750, $1000 will be used to pay for gas and to pay the security deposit for the apartment and some extra spending money while on the road.  I will be starting the new job on October 14th, 2008.

My financial situation:
I am a good candidate for this loan because I am starting a new job with IRS as the Information Technology Specialist in Austin, TX.  I will be bringing home more money than I used to make with my previous employment which was approximately $1700 a month.  Also the budget will be more looser so I will be able to afford to pay this loan monthly, and I can pay down extra when the budget allows it.  I know there are some DQs in last 7 years but they are all paid for as you can see "Now DQs" are zero.  Maintaining & Improving credit is very important for me.

Monthly net income: $ 3100 me + 700 from Spouse = $ 3800 total

Monthly expenses: $ Approx $2550
  Housing: $ 750
  Insurance: $ 150
  Car expenses: $ 250
  Utilities: $ 100
  Phone, cable, internet: $ 150
  Food, entertainment: $ 400
  Clothing, household expenses $ 200
  Credit cards and other loans: $ 500 (Including Propser Loan)
  Other expenses: $

That leaves the available money of $1250 after expenses which I can quickly pay off this loan and all other debts when the budget allows it.  I also expect that the total combined income will raise when she finds a job in Texas and I will be able to pay this loan off fast.
Borrower's Other Listings
403818 Moving to Another state for New Job D $3,000 @ 35% Sep 24, 2008 Withdrawn
404154 Moving to Another state for New Job D $3,000 @ 35% Sep 25, 2008 Withdrawn
405932 Moving to Another state for New Job D $1,850 @ 35% Sep 29, 2008 Withdrawn

 

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