Can i pay you instead?

| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 34% |
| Lender Rate: | 27% | Borrower: | commitment-legend |
| Finished | State: | CT | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2010-04-21 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Apr 21, 2010 | Current |
|
Purpose of loan: This loan will be used to pay off about 25% of my outstanding Credit Card balances! My financial situation: I am a good candidate for this loan because I am what you would consider income rich and credit poor. Back in 2004-2006 I used my credit cards to help me get through graduate school. For the past 3 years I have been trying to get my balances down, but cannot seem to get ahead. Obviously the 30% interest is working against me and my family. I hope to get a reasonable rate on a prosper loan, and be able to knock out 25% or more of my credit card debt in 3 short years...... Monthly net income: $ 4,000 Monthly expenses: $ Housing: $ 1200 Insurance: $ 150 Car expenses: $350 Utilities: $ 225 Phone, cable, internet: $ 75 Food, entertainment: $ 100 Clothing, household expenses $ 75 Credit cards and other loans: $ 750 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 432511 | Can i pay you instead? | C | $5,000 @ 27% | Mar 17, 2010 | Cancelled |
| 452745 | Can i pay you instead? | C | $7,500 @ 28% | Apr 06, 2010 | Withdrawn |
| 507861 | Credit Card balances have to go! | C | $9,500 @ 19% | Aug 01, 2011 | Loan created |
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