Lower rate for a better future

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Listing Information
Amount: $9,300.00 Status: Loan created
Grade: A DTI: 22%
Lender Rate: 15% Borrower: rkbiz
Time Left: Finished State: CA
Funded: 100% Group: Lend2's Group
Loan Information
Loan Status: Paid Origination Date: 2009-09-02 EricsCC ROI: 15%
Status History
Sep 05, 2009 Current
Mar 15, 2011 Payoff in progress
Mar 22, 2011 Paid
Purpose of loan:
This loan will be used to pay off a higher rate personal loan that was taken out back when my credit was not as stellar (2+ years ago).

My financial situation:
As it currently stands, I am in a great financial position. As you can probably determine from my credit score, I am excellent with my credit and seek to repay whatever balances I have outstanding. You may also notice that I've had a previous loan with Prosper which was paid in full ~ 2 years ago as well. I love the prosper community and what it has to offer the little guy, which is why I'm back and looking to build an even better future for myself with the help of the community.

As a post college - grad, still looking to pay down that big bill, one of my biggest debt pools lies with my school loans. The loans are in repayment and currently account for $400 of my monthly take home pay. The other large loan is the high rate personal loan which was taken out 2 years ago - $480 (This is the one I am hoping to pay off for a better rate). However, add those loan amounts in to my rent ($1400), utilities - Including cell phone and cable ($180), small credit card bill ($200), and you will quickly see that it comes no where close to my current amount of take home pay ~($4k).

Thanks to Prosper I was able to better myself in the past, hopefully we can make history all over again.

Thanks for stopping by and here's to happy bidding. :-)
Borrower's Other Listings
92098 Debt Consolidation and Business Funding D $8,000 @ 20% Feb 02, 2007 Withdrawn
94979 Debt Consolidation and Business Funding D $8,000 @ 22% Feb 07, 2007 Expired
101841 Debt Consolidation and Business Funding C $6,001 @ 16% Feb 20, 2007 Loan created

 

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