Loan Consolidation
Homeownership Verified

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Listing Information
Amount: $12,500.00 Status: Loan created
Grade: AA DTI: 13%
Lender Rate: 9% Borrower: tobedebtfreeinthree
Time Left: 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510771 Loan Consolidation AA $23,000 @ 9% Jun 10, 2011 Withdrawn
510787 Loan Consolidation AA $18,000 @ 9% Jun 10, 2011 Withdrawn
511682 Loan Consolidation AA $16,000 @ 9% Jun 15, 2011 Withdrawn
513022 Loan Consolidation AA $12,500 @ 9% Jun 26, 2011 Withdrawn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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