Eric's Credit Community

Hello, My name is David [LAST NAME DELETED]. I am 41 yrs old, a family man, and business man, with good values, and I live in Mobile, Alabama.
 I am asking for a loan to just consolidate a few credit cards and a couple of small loans into one payment, and have a lower interest rate and payment than what I am paying right now combined. By doing this, it would allow me to actually get out of debt much quicker, and have only one payment going out each month.
 
I have 6 credit cards and and 2 small loans that I will be paying off with this loan. All of my payments combined, come to approximately $921.00 per month. I will be putting away the credit cards, and have no plans to incur any new debt any time soon. I figured by consolidating all of this debt into one payment, that I would be paying out approximately $375-$400 per month less. This would be a great help to me, not only in the monthly savings, but this should increase my beacon score with each of the credit bureaus.

   I have recently started a new business, but am basically doing the same thing I have done for over 15yrs, but on a wider scale for several companys instead of just one. So far, everything has been going quite well, and it has also opened some doors for possible expansion into other areas of my business. This has allowed me to spend more time with my family, and still maintain a level of income that is comfortable with a much larger potential.
 
I ran across the Prosper web site while searching the internet for some other information last week.  I saw a news article on msn, and researched until I found this site. I thought WOW what a great idea! I do think this is a great idea, and I hope that Prosper, and its Lenders do very well, and keep this type of lending around for a long time.  As time goes on, I'm sure that I will become a lender also, starting small of course, until I get out of debt myself.
 
Please consider my request for a loan. I can assure you that payments will be no problem, and will be drawn from my checking account each month. I have had the same bank account for over 20 yrs now, and have never had a problem.I have enough in my 401K acct. to do this myself, but really don't want to pay the early withdrawall penalty, or take away from future retirement income.

I have just relisted this loan request due to minimal action on my original listing a few days ago.  After further research of many loans that are fully funded already, I realized that I should have gone with the funds available now option at a higher interest rate, and hope that bythe time my listing has ended, that the rate will be lower. I had originally asked for a rate of 15.00%, I know that it probably will not end there,but it sure would be nice. Please feel free to bid on my loan as many times and as much as you can, and help drive my rate down as much as possible.  THANK YOU!                                        THANK YOU for your consideration.          Please see my profile for more information about me. Thanks Again! D.[LAST NAME DELETED]