Eric's Credit Community

Thank you for reading my listing.

We started A Chance for Photography this past January, this year is my first full year of doing wedding photography. Photography equipment is expensive and I used my credit cards to buy my equipment. I would like to pay off my credit cards and close some of the accounts. I have several accounts with balances of less than $2,000.

I have been employed full time for over 8 yrs at the same job. The full-time job is to support the family and personal needs. I am not using any personal funds to pay for any business expenses, so because of this, there are accounts that have high balances but good payment history , that is (part) of the reason for the E credit rating. .

I am working to expand my photography services for 2007 to include portrait work, senior sessions, and other work beyond wedding photography. This will help bring in additional funds during the slow season.

I would like to use my Prosper.com loan to pay off all the credit cards with low balances. I will then close these accounts and then concentrate on paying off the credit cards with higher balances use the remaining funds to market my business.

Thank you for your consideration
Chance [LAST NAME DELETED] A Chance for Photography www.chance4photography.com

Here is a break down of all our monthly expenses.
937.00 Mortgage
545.00 Truck
250.00 Phone/Cell
340.00 Utilities
330.00 Insurance - Home, Auto & Life
1079.00 Unsecured Loans/Credit Cards ($500.00 will be eliminated after
loan funded)
500.00 Medical and Dental Bills

300.00 Gas
300.00 Groceries
400.00 Daycare
300.00 Misc / Recreational

5,281.00 Total Monthly Expenses

3653.00 My take home after insurance and taxes
1900.00 Average take home after expenses for my wife

*** I have not included any of the Income from the Photography Business ?. This being this loan will not be a problem, to insure repayment of the loan. Total Monthly spend able income less the expenses leaves a Difference of $ 272.00 plus the income from Photography Business , and after the loan is funded it will increase to 772.00 , which insures the payment can be easily covered by our income .
Again, thank you for considering us.