Achieving My Goals-Relist / Higher rate-Incorrect DTI
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 60% |
| Lender Rate: | 17% | Borrower: | birdie94 |
| Finished | State: | WA | |
| Funded: | 100% | Group: | MustardTree |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-02-12 | EricsCC ROI: | -39% |
| Status History | |
|---|---|
| Feb 15, 2007 | Current |
| Jun 28, 2007 | Late |
| Jul 06, 2007 | Current |
| Nov 29, 2007 | Late |
| Dec 06, 2007 | Current |
| Jan 01, 2008 | Late |
| Jan 13, 2008 | 1 month late |
| Feb 13, 2008 | 2 months late |
| Mar 13, 2008 | 3 months late |
| Apr 13, 2008 | 4+ months late |
|
I?m 39 years old. I am on my 15 th year of service as a Letter Carrier for the U.S.P.S. I am a single mother of 2 teenage kids. I am applying for my 2nd loan with Prosper. I will be using the funds to consolidate the remainder of my debt. These are installment loans which carry a high interest rate. My Experian credit report shows an incorrect D.T.I. My mortgage payment of $1172.00 is being reported as a line of credit. This is a housing expense and should not be included in the ratio. This loan will allow me to achieve my goals of becoming debt free and regain my "A" credit. I am very capable and I will repay this loan in full. Thank you to all the lenders for your thoughtfulness and consideration. Debts to be paid: Community 1st Credit Union $9200.00, First Bank and Trust $2700.00, American General $2600.00 Current Payments on these loans total $750.00 per month. Monthly net income: $4000.00 Debts after loan: Mortgage $1300.00, Car payment $384.00, Credit card $150.00, Insurance $85.00 Gas $80.00, Food $500.00, Utilities 300.00, Cell Phones $150.00, Prosper $554.00 Total monthly payments after loan: $3503.00 Disposable income: $497.00 As you can see, I am financially capable of repaying this loan. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 48420 | Debt Consolidation | E | $15,000 @ 18% | Oct 14, 2006 | Withdrawn |
| 51109 | Consolidate All Debt / Improve Credit | E | $17,385 @ 23% | Oct 20, 2006 | Withdrawn |
| 54417 | I Need A Temporary Loan Please. | E | $2,500 @ 23% | Oct 28, 2006 | Loan created |
| 88645 | 2nd Prosper Loan / Achieving My Goals | C | $15,000 @ 15% | Jan 25, 2007 | Withdrawn |
| 226688 | 3rd Prosper Loan | C | $12,500 @ 20% | Nov 05, 2007 | Expired |
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