GETTING BACK ON TRACK

Click Here to view this listing on Prosper
Listing Information
Amount: $2,550.00 Status: Loan created
Grade: HR DTI: 360%
Lender Rate: 27% Borrower: bugaloo5
Time Left: Finished State: CA
Funded: 100% Group: FinancialAssistanceNetwork
Loan Information
Loan Status: Default Origination Date: 2006-12-07 EricsCC ROI: -84%
Status History
Dec 08, 2006 Current
Mar 23, 2007 Late
Apr 08, 2007 1 month late
May 09, 2007 2 months late
Jun 09, 2007 3 months late
Jul 08, 2007 4+ months late
Aug 28, 2007 Default
THIS IS MY 5TH LISTING:

ABOUT ME:I am 34yrs old, married for 10 yrs and have 2 children, ages 15 and 5.  I have been gainfully employed by the government for 10 yrs and was recently promoted to managment.  My husband has been employed by the same employer for 6 years and was promoted management 2 years ago.  We have been at the same address for 9 years and 6 months.

EXPLANATION OF BAD CREDIT:I ruined my credit at an early age, when I thought credit was not important.  I didn't have a steady income and I was a single mother trying to make ends meet.  This past 2 years my credit has come back around and i do not want to ruin it again.  I am more responsible, stable person and sincerely understand the my credit explains a big part of who I am.My mother passed away suddenly with no life insurance and we had to cover funeral expenses.  We had to cover orthodontic care @50% that was not covered by dental insurance.  We had to make expensive mandatory car repairs, which left us with no savings and we had to resort to payday loans to make ends meet.If you bid on my listing it will help me get back on track to a promising credit worthiness future.  Making my prosper loan payments will be my #1 priority.  I understnad that I am a part of a group and I will not let anyone down for extending a helping hand.

WHAT WILL PROSPER LOAN PAY FOR:1250.00 will go to pay 4 payday loans.......950.00 will go to pay credit card debts......350.00 will pay car insurance.

FINANCES:   
Net Income: 2820.00Spouse: 1372.00
Mortgage/Rent: 0 - live in a house provided by parents
Phone/Cell phone: 140.00
Gas: 50.00
Electric: 75.00
Car Payments: 426.00 and 650.00 (15 more payments)
gas for cars: 120.00
food: 300.00
auto insurance: 388.00 (quarterly)
cable/Internet: 150.00
clothing,expenses for children: 300.00
credit cards/loans: 700.00
Total income of 893.00 left over to pay prosper loan.

Again, if you help in funding my listing you will be helping a responsible, stable, hard working family stay on the right track to a promising credit worhtiness future.

SINCERELY.....  
Borrower's Other Listings
58398 Avoiding late/missed payment HR $5,000 @ 29% Nov 07, 2006 Expired
61092 GETTING BACK ON TRACK HR $2,550 @ 27% Nov 13, 2006 Withdrawn
62165 GETTING BACK ON TRACK HR $2,550 @ 27% Nov 15, 2006 Withdrawn
64863 GETTING BACK TRACK HR $2,550 @ 29% Nov 21, 2006 Expired

 

Discussion For This Listing
Thu, January 4, 2007
Bugaloo and I emailed each other and it seems the loan met her goals. She was more than grateful and seems like she has a promising future in the prosper community.

P.S. - I'm excited about my first loan and just wanted to make a post on the "Eric's Credit Community."
Fri, August 10, 2007
So I guess I was way wrong on this one! Peh, 4 months late.
Post A Comment
You must be logged in to post comments on listings. Not yet a member? register here