DEBT HELP
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,500.00 | Status: | Loan created |
| Grade: | HR | DTI: | 18% |
| Lender Rate: | 25% | Borrower: | jmo75 |
| Finished | State: | TX | |
| Funded: | 100% | Group: | Life Changing Loans |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-02-06 | EricsCC ROI: | -37% |
| Status History | |
|---|---|
| Feb 06, 2007 | Current |
| Aug 28, 2007 | Late |
| Sep 07, 2007 | 1 month late |
| Oct 07, 2007 | 2 months late |
| Nov 07, 2007 | 3 months late |
| Dec 07, 2007 | 4+ months late |
|
Hello! I am a 31 year old firefighter trying out prosper for the first time. I would like to pay off my two payday loans that I have because I am in an endless cycle with them, I have to keep renewing both loans every paycheck in order to pay my living expenses every month. I would also like to pay off some delinquent collections. My monthly budget as of right now is as follows: Annual Salary: $ 51403 Net Monthly: $ 2996 Rent: $ 860 Car: $ 630.13 Phone: $ 100 Utilities: $ 225 Car insurance:$ 125 Food, Clothing: $ 150 Car expenses: $ 150 Total expenses w/o payday loans: $ 2240.13 Payday loans (renewing every pay check) Advance America: $ 1204.55 First Cash : $ 903 Total expenses with payday loans: $ 4347.68 Total Residual: $ - 1351 Monthly budget after Prosper Loan Rent: $ 860 Car: $ 630.13 Phone: $ 100 Utilities: $ 225 Car insurance: $ 125 Food, Clothing: $ 150 Car expenses: $ 150 PROSPER LOAN: $ 200 Total expenses: $ 2440.13 Residual: $ + 556.55 As you can see, I am finally in a place where...with just a little bit of help I could straighten out my past problems and get a fresh start on rebuilding my credit. I have been going through the vicious cycle of payday loans for too long now, and I have learned my lesson. I admit I have not always been great with my finances, but I do have a vehicle loan that I have been making payments on , and I have never been late. If I am given the opportunity to prove myself, you will not be disappointed, my prosper loan will be priority #1 every month. Thank you for considering me for a loan. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 87699 | New Year...New Me | HR | $3,500 @ 29% | Jan 22, 2007 | Withdrawn |
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