Listing Profile Bid History Loan History

Listing Title


Loan Information
Loan Status: Current Origination Date: 2008-06-02 Payments Made: 6 of 36 Total Payments: $2709.38 / $13000.00

Listing Summary

  

Borrower Info
Requested Amount: $13000.00
Lender Rate: 14.95%
Automatic Funding: No
Percent Funded: 100%
Monthly Payment: $450.33
 
Borrower: eternal-optimist
Location: VA
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile
Credit Grade: B Homeowner: Yes Account Verified: Yes Debt To Income: 13%

Extended Credit Data
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Listing Description
Dear Prosper Lenders,

Thank you for considering my loan application.  The loan would allow me to consolidate high compound interest credit card debt and bring a tremendous sense of relief.    

I am a good candidate because I am a responsible hard-working professional employed by the federal government.  I make a good income.  I am also a homeowner and my car is paid off.  The credit card debt is attributed to medical expenses, home repairs, and travel.  Unfortunately, I can't consolidate because of the credit card debt and the impact on my credit score.  I seem to keep going in circles.    

Over two years ago, I had to go through a series of medical tests.  I had a significant lump removed from my breast. I was blessed, it was benign!.  I paid the hospital and doctor bills that were not covered by my insurance with credit because I had just purchased my first home.  Of course, this is also when I made some updates on the home (new stove and microwave), got new brakes, and had the opportunity to go to Italy.  I used miles for the airfare and some of the other expenses went on the credit card.  I had expected to clear the debt right away but with the kind of interest rates that I am paying, it has been very challenging.  If I get this loan I am hoping to put more aside and hopefully take my sister and niece on a trip somewhere and put the rest in my savings.

Thank you!

Monthly Income: $ 4500  

Total Monthly Expenses- $3506

1st Mortgage (80/20): 1495
2nd Mortgage: 300
Insurance: 67
Electricity: 80
Water: 12
Student Loan: 212
Phone, cable, and internet fee: 90
Groceries: 250
Entertainment:150
Clothing & household: 50
Credit card payments:800  

Monthly Savings: $600