p2p lending at lending club
Pay off wedding expenses

Click Here to view this listing on Prosper
Listing Information
Amount: $2,330.00 Status: Loan created
Grade: A DTI: 13%
Lender Rate: 8% Borrower: clwatso2
Time Left: Finished State: NC
Funded: 100% Group: Medical Benefactors
Loan Information
Loan Status: Paid Origination Date: 2006-12-29 EricsCC ROI: 7%
Status History
Dec 29, 2006 Current
May 08, 2008 Payoff in progress
May 24, 2008 Paid
I am a 27 year old married man who works as a Medicaid advocate at UNC Chapel Hill Hospital. Following my graduation from North Carolina State University in 2002, I decided to go into the Peace Corps for two and a half years. I worked as a water and sanitation technician primarily.

I am interested in acquiring this loan to pay off wedding expenses from our wedding ceremony last year. This would in turn allow me to put a little more in savings and increase the amount I pay towards my student loans. Since the paychecks from my primary and secondary jobs are consistent, I am able to make a budget at the beginning of each month. Every month, I net $1850. Here is a breakdown of my expenses: $600-rent, $200-food, $100-electric bill, $35-cellular phone, $15-land line phone, $160-student loan, $70-bank loan to pay off wedding expenses from 2005, $60 for savings, $200-Mastercard, $60-Visa, $30-internet service, $35-Best Buy, $30-monthly furniture payment, $30-laptop payment, $30-car insurance, $40-loan from my brother, $200 for personal expenses. Our old Toyota Camry is paid off.

I calculated that at or below the maximum interest rate for this loan I would be making about the same monthly payment as what I am paying for my bank loan. So the Prosper loan would replace my bank loan payment and I would save from having to make 5-6 extra monthly payments. So this would not be a problem.

Thanks in advance!
Borrower's Other Listings
72353 Paying off wedding expenses A $2,300 @ 7% Dec 09, 2006 Expired

 

Discussion For This Listing

No Comments Found For This Listing

Post A Comment
You must be logged in to post comments on listings. Not yet a member? register here