Loan Consolidation

| Listing Information | |||
|---|---|---|---|
| Amount: | $12,500.00 | Status: | Loan created |
| Grade: | AA | DTI: | 13% |
| Lender Rate: | 9% | Borrower: | tobedebtfreeinthree |
| Finished | State: | WA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2011-07-12 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Jul 14, 2011 | Current |
| Jul 27, 2012 | Payoff in progress |
| Jul 31, 2012 | Paid |
|
Purpose of loan: I wish to consolidate my higher interest credit card debt into a single loan with a lower interest rate. This would allow to pay off the obligation in shorter period of time and would also give me the opportunity to have a little extra every month to put into my 401k plan. My financial situation: I am a excellent candidate for this loan because I have a excellent credit history without any late payments. I always pay my bills on time and pay substantially more than the minimum on the revolving credit cards. I have a very strong credit score. I have been employed with a very stable and profitable company for over 21 years. Monthy take home pay is about $5400.00 Mortgage, property taxes, and insurance is about $1900.00 per month. I have a comfortable cushion to pay my other monthly expenses and to pay off this loan from Prosper investors. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 510771 | Loan Consolidation | AA | $23,000 @ 9% | Jun 10, 2011 | Withdrawn |
| 510787 | Loan Consolidation | AA | $18,000 @ 9% | Jun 10, 2011 | Withdrawn |
| 511682 | Loan Consolidation | AA | $16,000 @ 9% | Jun 15, 2011 | Withdrawn |
| 513022 | Loan Consolidation | AA | $12,500 @ 9% | Jun 26, 2011 | Withdrawn |
| 627803 | Debt Consolidation | AA | $20,000 @ 10% | Aug 23, 2012 | Loan created |
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