Getting Caught Up 2
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | D | DTI: | 16% |
| Lender Rate: | 17% | Borrower: | roucht00 |
| Finished | State: | FL | |
| Funded: | 100% | Group: | PsychDoc's Group |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-02-02 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| Feb 01, 2007 | Current |
| Oct 17, 2008 | Late |
| Oct 30, 2008 | Current |
|
This is a re-list. The first listing was close but didn?t quite have enough to be funded. I do want to thank all those who bid and I am sorry it didn?t get funded. It was my first listing and I?m sure if I had done a better job of detailed listing of my debts and income it would have gotten more support. Who am I? I?m a 39 year old professional who work as a Clinic Manager in a hospital and my wife has recently branched out and started her own Massage Therapy practice. I have three children one of which is about to graduate high school. Why do I need this loan? My wife had been working/slaving for a doctor?s office as a massage therapist for two years making not near what she is worth. We finally decided to take a chance and have her start her own practice. I knew money would be tight initially and had a saving set aside to cover this as well as a 2nd savings I set aside for our Home Tax bill due in Apr 07. We purchased the necessary equipment and supplies for her business and started networking but it was slower than expected which drained my savings as well as the money for the Home Tax bill. Once I saw we were going to go into the hole I picked up a part-time two weeks ago but I can earn enough, fast enough to meet the Apr. deadline. What is my money situation like today? I do make good money and now four months into her own practice my wife?s massage practice is thriving and continues to grow. We are digging our selves out of our hole but not fast enough to meet the Apr deadline and prevent any lates on our CR for the upcoming month without your help. On our own we can dig out of this hole in about 5-6 months but a lot of damage will be done to our credit which is why I am swallowing my pride and asking for assistance. I don?t want to say this loan is a sure bet but I am confident because come June 1 of this year I will be eligible to borrow against my retirement if I ever have a financial crisis. I don?t want to tap into my retirement but it will be good to know it is there if I need it, it?s just unfortunate that I can?t get to it for my current situation. With that said here is my debts and current income: House 2000 Electric 350 Food 600 Gas 300 Furniture 200 Car 300 Credit Cards 400 St. Loan 200 Total 4350 My income 3900 monthly take home. 2nd job 500 monthly take home. Wife business 1600 monthly take home and growing Total $6000 equals positive income of $1650 We have a positive income of $1650 but owing the taxes and getting caught up on our current monthly bills is why we need this little boost to get us over the hump. Lastly since this loan is funded by private individuals I would make every effort possible to not be late or default. I feel this is truly a great program and will be a lifesaver for me and my family in our time of need and would not want to do anything to ever jeopardize it should I ever, god forbid have the need for it again. I am registered as a lender as well as a borrower and once I am back on my feet I intend to return the favor. Thanks for listening and please consider me for this loan. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 86632 | Getting caught up. | D | $6,000 @ 17% | Jan 19, 2007 | Expired |
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