Consolidation and Elimination
| Listing Information | |||
|---|---|---|---|
| Amount: | $1,500.00 | Status: | Loan created |
| Grade: | E | DTI: | 6% |
| Lender Rate: | 15% | Borrower: | dnvrhspce |
| Finished | State: | CO | |
| Funded: | 100% | Group: | ROCKY MOUNTAIN VENTURE GROUP |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2006-11-13 | EricsCC ROI: | 11% |
| Status History | |
|---|---|
| Nov 11, 2006 | Current |
| May 28, 2007 | Late |
| Jun 09, 2007 | Current |
|
I Have been Fully VETTED by my GL.My name is Beth and I live in Denver with my husband and three children.This is my fourth listing. An the reason for the request is to consolidate and eliminate our high interest credit card debt. Household VISA -1400, ACE VISA -927 , Wells Fargo-47, Sams Club Credit-66. 2 late library charges of $147.00Dentist bill for $230.00Caught up mortgage (one month behind) Paid off two vehicles Paid our property tax ($1344.00) Homeowners insurance ($972.00) 3 payday loans Equaling-1325.00The amount is lower in this listing due to paying over $1200 in paycheck loans and being able to pay for our taxes and insurance ourselves.I am a graduate of Regis University and am currently employed as a Manager of Volunteer Relations for a local Hospice organization. My Husband has been employed for over 7 years with the Rock Bottom Restaurant Corp.Delinquencies Paid in Last 12 MO DEBT PER MO: Mortgage= $2000.00 Chase ($237,000 @ 7.5%) (Ocwen $59,700 @ 9.9%) Ins and gas= $450.00 Daycare= $280.00Groceries= $500.00 Credit Card Payment $480.00 total below Capital One $327.00 @ 24.9% Capital one $ 449.00 @19.9% Capital one $274.00 @ 23.9% Aspire MC $624.00 @20.75% Imagine Visa $295.00 @24.9% First premier MC $253.00@ 23.9% Compass Bank MC $200.00 @ 9.9% Beneficial - $125.00 Utilities= $425.00 ( inc. gas, electric, cable, phone, internet, and water) GRAND TOTAL= $4260.00 per monthGRAND TOTAL NET INCOME= $4900.00 Less mo debt= $4260.00 TOTAL RESIDUAL MO INCOME = $640.00 After Prosper = $940.00 The prosper payment will be 12% of what I am currently paying for credit cards. I cannot combine balances and my card with a small APR has a very low amount. Hence no x-fers. My "E" status is due to the above mentioned accounts and the high balances on my credit cards.Credit inquiries include a mortgage company and Bank credit card. I have given up everything from Starbucks to Vacations. I pack my lunches, carpool when I can, shop at the Goodwill, I belong to SHARE Colorado to save $ on groceries, and I will continue to do these things. I am a firm believer that a person can learn from their mistakes. It has been a hard expensive lesson, but I am commited to improving my families financial situation and honoring my debts. Thank you for the opportunity to prove I am a good risk. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 48109 | Growing up is hard to do!!! | E | $5,000 @ 20% | Oct 13, 2006 | Withdrawn |
| 48421 | break the cycle... | E | $5,000 @ 20% | Oct 14, 2006 | Withdrawn |
| 51558 | Working towards Goals | E | $2,500 @ 20% | Oct 22, 2006 | Withdrawn |
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