Eric's Credit Community

Hi, this is a re-listing for my loan request. Last month I went from an E rating to a HR. Although I don?t agree, it still doesn?t change the fact that I am trustworthy and can pay this loan back. I have had past credit issues, but I am rebuilding my credit by opening small amounts of credit and paying the bills each month.

About me: I have spent the last seven years working in the education field. Currently, I am a NYC special education assistant teacher. My primary focus is working with students with special needs helping them reach their highest potential. 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 in full the remaining balance of a payday loan ($210 principal & interest) I needed back in September when I had unexpected car repairs. The remaining amount would be used to pay for brake maintenance and tire replacement; lower some credit card debt and put some gifts under the tree for my kids ? especially some winter coats.

Paying off this loan will:                                                                                                                                                  1. Improve my credit rating
2. Prosper would be another positive trade line to my credit reports.

My most current credit report shows a recent DQ, which was on my car loan from over the summer. My car note is paid up to this month and I current owe $760 or roughly 2 more payments. Since it takes time for reports to be updated, I will probably have paid off the loan in full before it reflects the correct information. Prior to this past summer, my payments for this loan were impeccable & I never missed a payment. I have 2 more payments left on a 66-month loan. Despite my past, I consider myself a good risk, which is why I am requesting the minimum loan amount so that I can demonstrate that I can pay this loan back. I would like to someday lend to others here at Prosper when I am financially stable.

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  Total with Prosper loan $2056
Without car note: $1691 Effective January 2007 the car will be paid off
Available to repay Prosper $538

Repayment Plan: $35 a month until I receive my salary increases & 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