Debt Consolidation NY Rate Cap 16%
| Listing Information | |||
|---|---|---|---|
| Amount: | $6,800.00 | Status: | Loan created |
| Grade: | D | DTI: | 18% |
| Lender Rate: | 15% | Borrower: | LArone39 |
| Finished | State: | NY | |
| Funded: | 100% | Group: | Virtual Lending Group |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-01-31 | EricsCC ROI: | -52% |
| Status History | |
|---|---|
| Feb 01, 2007 | Current |
| Feb 15, 2008 | Late |
| Mar 01, 2008 | 1 month late |
| Apr 01, 2008 | 2 months late |
| May 01, 2008 | 3 months late |
| Jun 05, 2008 | 4+ months late |
|
Personal Back Ground: My name is Leslie and I have been working for Social Services for 14 years. I am a Child Protective Services Caseworker. I lived in my parent?s summer home in a retirement area for 15 years maintaining their home until I decided I really needed a place of my own. I moved into my first apartment a little over a year ago. It was a new beginning after 15 years. My Financial History: I filed for Bankruptcy 3 years ago. It was one of the hardest things I ever had to do. I had perfect credit up until then. I tried a credit Counseling Service first before I filed for Bankruptcy and managed to negotiate paying off a few cards but this still ruined my credit. I also found that it would take me another 10 years to pay off the remaining 5 of the 8 credit cards. My only choice was to wipe the slate clean. I reaffirmed my car and my motorcycle. Since then I sold the motorcycle and the car and bought another car. I couldn't even get a loan for the new vehicle and my father had to finance that for me. I have been trying to improve my credit and re-establish a good credit rating. I took a loan out and I have 4 credit cards in an attempt to re-establish my credit. I paid off some cards and cancelled them to try up my credit score. I also applied again for other cards. I make sure the payments are made each month and on time, again, to show I am responsible to continue to pay them back. The limits are low with the exception of the personal loan and the Capital One credit card. My Income: YTD Gross Wages as of 12/24/06: $43,661.00 (This includes overtime.) My yearly salary for 2007 will be approximately $38,000 before overtime. I usually average 10+ hours of overtime a month. I also earn an additional $300 to $350 a month expense check that is nontaxable for mileage that I on put my vehicle each month. My gas expense averages around $320.00 a month so I break even. Monthly Gross Wages: $3638 Bills I want to consolidate due to high interest rates: Capital One: $2400 (50.00 pmt) Orchard Bank: $400 (25.00 pmt) Merrick Bank: $745 (25.00 pmt) First Premier: $300 (25.00 pmt) American General Personal Loan: $3000 pmt =$ 85.00 Total: $6800 Approximate Monthly Pmts: $210.00 Monthly Expenses: Rent: $785 Car: $361.42 Car Insurance: $100 (10 mo Policy) Heat: $60 to $130 a month - Spring/ Winter Cable, Phone, Internet: $130 Verizon: $70 Groceries: $150.00 Total Expenses:$1962.00 (Includes Prosper Pmt.) Amount left over after Total Expenses: $1676.00 Lenders, Thank you for reviewing my loan request. Leslie |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 75375 | Consolidation loan | D | $7,500 @ 10% | Dec 16, 2006 | Withdrawn |
| 75388 | Consolidating loans and credit cards | D | $7,500 @ 13% | Dec 16, 2006 | Withdrawn |
| 76302 | Consolidating Credit Cards and Loans. | D | $7,500 @ 15% | Dec 19, 2006 | Withdrawn |
| 78624 | A New Year for a Fresh Start | D | $7,800 @ 15% | Dec 27, 2006 | Withdrawn |
| 81790 | Debt Cosolidation | D | $6,800 @ 15% | Jan 05, 2007 | Withdrawn |
| 82198 | Debt Consolidation NY Rate Cap 16% | D | $6,800 @ 15% | Jan 07, 2007 | Expired |
| 241758 | Debt Consolidation NY Rate Cap 16% | D | $5,000 @ 14% | Dec 01, 2007 | Withdrawn |
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