p2p lending at lending club
Payoff credit card debt

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Listing Information
Amount: $7,500.00 Status: Loan created
Grade: B DTI: 11%
Lender Rate: 12% Borrower: Formula1Champ
Time Left: Finished State: NY
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2007-02-09 EricsCC ROI: 8%
Status History
Feb 15, 2007 Current
Hi there,  

Thanks for reading my posting. I am 26 and I work in Finance. I had incurred credit card debt in college and right after college at a start up job (the startup did not workout). Then I worked at a Investment Bank for 1.5 years before moving to another investment bank to work in Quantitative Trading. Then this Sept.(06), I was forced out due to changes in upper management as the firm did not want to take risk with its own capital. I lost my bonus which I was hoping $35,000 (I got 35K  bonus with a base salary of 65K in 2005 but it was prorated and therefore I could not clean my debts). Instead of wiping off credit card debt in 2005, I decided to spend which was foolish. I found another job in Oct.(06) which pays base of 80K along with optional bonus ranging between 15K to 36K. I would like to pay off all my credit card debt so that I can start saving. I have bachelors in Engineering and I live in New York City. I have always paid on time and please feel free to ask me any questions.  

Regards
Borrower's Other Listings
79010 To wipe off credit card debt by Dec07 C $12,500 @ 11% Dec 28, 2006 Withdrawn
86017 Payoff credit card debt B $12,500 @ 12% Jan 17, 2007 Expired

 

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