Relisting - CLeaning up credit for home owership
| Listing Information | |||
|---|---|---|---|
| Amount: | $2,000.00 | Status: | Loan created |
| Grade: | E | DTI: | 2% |
| Lender Rate: | 15% | Borrower: | D343 |
| Finished | State: | NY | |
| Funded: | 100% | Group: | Fairplay Lending |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Late | Origination Date: | 2006-12-26 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Dec 24, 2006 | Current |
| Nov 11, 2008 | Late |
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Hello, Re-listing ? Please consider I am requesting a loan of 2000 to clean up my credit which will enable me to secure a home loan My credit score has climbed from 475 two years ago to 575 this past summer to my current fico scores as of December 2006: 635, 638 and 655. (HOWEVER I AM STILL LISTED THROUGH PROSPER AS AN E GRADE) I?ve have one trade line (Visa card with a 250 dollar limit) this is paid on time every month I have public records with the IRS which are over 10 years old. I currently have a payment plan with the IRS. The amount listed is incorrect the payout amount is 7.3k instead of 20k (I am working with Lexington Law to have this taken care of. I have received documentation from the IRS confirming that the amount listed on the public records is incorrect.. By becoming a home owner I will be able to offset this by the tax break I will receive (aprox 10k) per year. Since I will be getting a refund the refund automatically goes toward the payment to the IRS also I plan to re-fi after 1 year as my credit score improves and with mortgage payments being paid on time I will be able to take care of this debt within a few years. If a lender would like further information, please let me know Purchasing a place of my own would provide me with security for the future, tax benefit, and would be within walking distance of my mom who is recently widowed. The loan would be utilized this way: Collection accounts 1500.00 The balance would be applied as a down payment to the property. I have put 5 percent down on the property; the rest is due at closing (Jan ?07) My take home pay after taxes is 3600 per month (not including mandatory overtime) Expenses: Rent 1300 Electric/Gas 100.00 Cable Internet Phone 140.00 Cell Phone 80.00 Parent Assistance 150.00 Student Loan 200.00 T ransportation 100.00 Food /House expense 400.00 Tax Repayment Plan 200.00 This Repayment will end in 12 months (pending refi) Prosper Loan (Pending) 100.00 Total is 2770.00 If you have any further questions please contact me. I appreciate Prosper.com and thank you for your consideration I have come a long way; I'm hoping that Prosper will take me to the finish line!! I will be more than happy to provide any information (such as pay stubs or any other information needed.) Thank you for your consideration! |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 63428 | cleaning up credit | E | $4,750 @ 14% | Nov 18, 2006 | Withdrawn |
| 63720 | COSOLIDATING DEBT TO IMPROVE CREDIT SCORE | E | $4,500 @ 14% | Nov 19, 2006 | Withdrawn |
| 67568 | Pay off debts for home ownership | E | $2,500 @ 15% | Nov 28, 2006 | Expired |
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