Eric's Credit Community

Hi this my 5th attempt to request a loan and in a matter of 10 days I went from a E rating to an HR which I can't understand why, the only thing that's changed was that I had 2 more inquiries on my report.

About me: I have spent the last seven years working in the education field. Currently, I am a NYC special education assistant teacher. I have recently received a raise and expect my salary to increase significantly in January to about $33K due to our current contract. I am also a mother to 3 teenagers.

Purpose of the loan: I would like to pay the remaining amount of my car loan ($1000). With the car paid off, I can pay off the remaining balance of a pay day loan ($355 principal & interest) this month w/o tacking on any more interest fees (they?re a killer). Paying of this loan will:
1. improve my credit rating
2. prosper would be another positive trade line to my credit reports.

I have 1 recent DQ. My car note is about 10 days behind ? not 30 days as my report implies. Prior to this past summer, my payments for this loan were impeccable. I have 3 more payments left on a 66 month loan. With a prosper loan, not only can I bring this account current, but it will be paid off ? improving my rating. Despite my past, I consider myself a good risk. I have lowered my request & used automatic funding to be considered. Unfortunately, I can?t go above the 15% NY cap.

Income/Expenses
$2229 Net

Rent 515
Food 400
Car note 330
Car insurance 200
Cable/Internet 175
Credit Cards/Loan 100
Laundry 80
Cell phones 75
Life ins. 56
Gas/Transportation 60
Telephone 30

Total $2021
Without car note: $1691
Available to repay Prosper $538

Repayment Plan: $35 a month until I receive my salary increase & tax refund ? Jan/Feb ?07. I will then pay it in full.

Contact me with any questions at [EMAIL DELETED]

Thanks for viewing my listing and bidding