Pay down card changing minimum due
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,250.00 | Status: | Loan created |
| Grade: | AA | DTI: | 40% |
| Lender Rate: | 15% | Borrower: | asset-honker |
| Finished | State: | NM | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2009-12-30 | EricsCC ROI: | 15% |
| Status History | |
|---|---|
| Dec 30, 2009 | Current |
| Jun 27, 2010 | Payoff in progress |
| Jul 03, 2010 | Paid |
|
Purpose of loan: I came across Prosper.com while searching for funding with fixed payment terms following an experience with one of my credit card accounts announcing, for no reason, a boost from 2% to 5% in minimum due. In reading about Prosper.com the process carried me to a time when I spent several years living in Student Housing Cooperatives in my college days. As I thought about it I felt I would much rather pay a group of people trying to band together to provide a funding service than pay a banking system. The policy of fixed monthly costs with Prosper.com was an added plus to the deal--worth the added cost--as we would rather have a bill that we can always count on to meet or exceed. My financial situation: We are good candidates for this loan because we are committed to meeting our financial obligations, are moving to be totally out of debt in the next seven years and have solid employment. A list of our current general monthly budget follows: Net Income after retirement fund, insurance and taxes: $3,948 Housing Costs: $445 Car Costs: $335 Food and Household Costs: $1,200 My Self Enforced Minimum to Credit Card Debt Payoff is $1,490 by my Average Monthly Credit Card Debt Payoff is $1,900. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 436321 | Pay off the cards | AA | $12,000 @ 12% | Dec 02, 2009 | Withdrawn |
| 436415 | Pay off that card | AA | $12,000 @ 13% | Dec 03, 2009 | Withdrawn |
| 436929 | Pay off card changing minimum due | AA | $8,250 @ 19% | Dec 07, 2009 | Expired |
| 488622 | Pay out two more credits cards | B | $5,000 @ 13% | Dec 30, 2010 | Loan created |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|