Paying off Debt to Save for Wedding

Click Here to view this listing on Prosper
Listing Information
Amount: $2,500.00 Status: Loan created
Grade: D DTI: 0%
Lender Rate: 23% Borrower: BiancaPerry18
Time Left: Finished State: GA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2010-06-17 EricsCC ROI: 22%
Status History
Jun 16, 2010 Current
Mar 01, 2012 Payoff in progress
Mar 07, 2012 Paid
Purpose of loan:
I don't want to pay to here and then pay to here.  I would like to simplify everything and consolidate my debt with one interest rate and pay it off as quickly as possible.  I am getting engaged and have a wedding to start planning and saving for so it would be nice to have my small amount of debt taken care of.  I am never ever late with my bills, there is one delinquency on my record from when I was very young and just getting credit cards for the first time.  It is about to fall off my record it is so old.  It is recommending a $100 payment a month but I am thinking more on the lines of $300 a month.

My financial situation:
I am a vary hard worker, extremely organized and responsible. The debt that I have was from being out of work last year (I moved to a different state and jobs are not easy to come by) but I am working again and getting things in line.

Monthly net income: $ 1300

Monthly expenses: $
  Housing: $ 400
  Insurance: $ 0
  Car expenses: $ 100
  Utilities: $ 0
  Phone, cable, internet: $ 50
  Food, entertainment: $ 100
  Clothing, household expenses $ 0
  Credit cards and other loans: $ I pay everything that is left in this category, I never pay the minium balance.  I would like to get this taken care of so that all of this money can start going into my savings account.
  Other expenses: $ 50
Borrower's Other Listings
560244 Consolidating for a Move B $2,500 @ 14% Feb 20, 2012 Loan created
655677 Debt consolidation A $9,500 @ 9% Oct 18, 2012 Loan created

 

Discussion For This Listing

No Comments Found For This Listing

Post A Comment
You must be logged in to post comments on listings. Not yet a member? register here