Eric's Credit Community

ABOUT ME:

I am 22. An upcoming DJ/Producer of electronic music. Working on starting a new future. I currently work at a local convenience store about a mile away from my house. I work over 40 hours a week and I get paid every week. I?m planning on starting school as soon as I have a computer to call my own. I want to become a certified IT Specialist, run my own business and be a successful producer.

EXPLANATION OF BAD CREDIT:

When I was 16 I bought an 82 Z28 Camaro and dumped a lot of money into the car to make it fast. In doing so I racked up a lot of money in speeding tickets.  I had a really good job as an IT Specialist and I didn't think that I would ever lose the job or have a problem managing debt. Well I wrecked my car and 2 weeks after the wreck, lost that job. I had to stop paying my credit cards, court fees and my loan payments to survive. That would be where the delinquencies came in.  I have sold my computer and all my DJ/Producing equipment to pay down most of the loans. At my last job I put most of my money to pay off my debts. So currently I have paid off all my reportable loans since 8/18/08. I have gotten a credit report and it shows that all the accounts that I had open are now paid satisfactory and closed. I have been working with all 3 credit bureaus to make sure that it?s stating correct information on having closed accounts. The collections have been removed and it has been settled. If you have any questions on that please ask me. I would really like another chance at rebuilding my credit to where it once was but this time be smart about it. Making payments on prosper will be top priority because rebuilding my credit and having good credit is important to me. It?s a promise from me that I will make payments on time, every month, no matter what.

WHAT I WILL DO WITH THE MONEY LOANED TO ME:

$380 for Pay Day Loans
$350 in court fees (amount left for speeding tickets)
$250 Health care
$680 Federal Recovery Services.
The rest will be put back into Prosper to have my first payment covered. I believe that everyone should Prosper! :)

HERE ARE MY MONTHLY FINANCIAL DETAILS:

Net income after payroll deductions from all sources: $1100
Rent: $(Living with parents to reduce expenses)
Phone: $60
Food: $100
Cable/Internet: $49
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Total Monthly Expenses: $209
I will have $891 left to make the payments on my Prosper loan.

CLOSING REMARKS TO LENDERS:
What I would really like to do is rebuild my credit and consolidate the rest of what I owe into one payment. This will help me have credit again to purchase a car and hopefully start a business. I promise that my payments will be made on time, no excuses. If you have any questions please fell free and ask me. Thank you for looking at my listing.