Listing Profile Bid History Loan History

Listing Title


Loan Information
Loan Status: Current Origination Date: 2008-05-28 Payments Made: 6 of 36 Total Payments: $403.73 / $1500.00

Listing Summary

  

Borrower Info
Requested Amount: $1500.00
Lender Rate: 31.99%
Automatic Funding: No
Percent Funded: 100%
Monthly Payment: $65.32
 
Borrower: Boo2654
Location: VA
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile
Credit Grade: HR Homeowner: No Account Verified: Yes Debt To Income: 13%

Extended Credit Data
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Listing Description
Purpose of loan:
This loan will be used to pay off some payday loans that I have.  I needed the money to help out a family member.   In helping them I hurt myself, but I would do it again if asked.  Not wanting to go stand in line at one of the local payday places, I decided to get a loan online knowing that their fees were a little bit higher.  After I got my first loan I hit with an incredible high gas bill that caused me to get another loan.  Never being ever to get back on track with my regular bills I ended up with four loans.   I have one loan for $500 with a $100 refinance charge, three $300 loans two with a $75 charge and one with a $60 charge.  Paying these things back twice a month is killing me, it comes out to be $610 a month.  I am really trying to correct alot of bad decisions and bad luck I have had in the past which caused the negative things I have on my credit report.  I have never missed a payment with any of my payday loans.  I'm working now just to basically pay loans and bills, thats why It's hard for me to pay my full monthly amounts on my credit cards and students loans.

My financial situation:
I am a good candidate for this loan because It would help me so much that I would make sure I lived up to my part of the agreement 100%.

Monthly net income: $ I am paid bi-weekly and my take home pay is 1067.39 (2134.78 monthly).

Monthly expenses: $
  Housing: My part is $150, but It looks like I will be moving back in with my mother until I get myself on track.
  Insurance: I'm in the process of getting another car insurance company
  Car expenses: $ 297.16
  Utilities: $ My part $200
  Phone, cable, internet: My part $80
  Food, entertainment: $ 100
  Clothing, household expenses $ 100
  Credit cards and other loans: Credit card $74.00, Payday loans $610, Student loans $189 I am looking to consolidate my two student loans.
  Other expenses: Gas $150