Army Vet Needs Debt Consolidation Loan

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Listing Information
Amount: $10,000.00 Status: Loan created
Grade: D DTI: 41%
Lender Rate: 29% Borrower: MDL5676
Time Left: Finished State: CA
Funded: 100% Group: Vets helping Vets
Loan Information
Loan Status: Default Origination Date: 2006-11-01 EricsCC ROI: -69%
Status History
Nov 06, 2006 Current
Mar 15, 2007 Late
Mar 29, 2007 Current
Apr 11, 2007 1 month late
May 03, 2007 2 months late
Jun 03, 2007 3+ months late
Jun 09, 2007 3 months late
Jul 02, 2007 4+ months late
Aug 28, 2007 Default
After serving 3 years in the Infantry and completing a tour in Iraq, I was Honorably Discharged from the Army in August 2003. Unfortunately, soon after returning home, I made some bad choices and found myself deep in debt. This intial debt has had a "domino effect" as far as my finances because I end up getting myself deeper in debt by taking out more loans or using credit cards just so I can payoff debt I have with other lenders. I know that this is not the answer to my problem and is only a temporary solution at best. That is why I am asking for this loan... I want to payoff all my smaller debts that I am struggling to keep track off and pay on time every time or that have a high APR and consolidate all of them into one payment to one lender. That will enable me to make my monthly payments on time and finally start the process of repairing the damage I have done to my credit and get it back to where it should. I appreciate your time and I hope you will give my loan request serious consideration.   
Borrower's Other Listings
53682 Army Vet Needs Debt Consolidation Loan D $10,000 @ 25% Oct 26, 2006 Withdrawn

 

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