Listing Profile Bid History Loan History

Listing Title


Loan Information
Loan Status: Current Origination Date: 2008-06-03 Payments Made: 6 of 36 Total Payments: $1624.56 / $7500.00

Listing Summary

  

Borrower Info
Requested Amount: $7500.00
Lender Rate: 17.70%
Automatic Funding: No
Percent Funded: 100%
Monthly Payment: $270.02
 
Borrower: ammie97
Location: IA
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile
Credit Grade: C Homeowner: Yes Account Verified: Yes Debt To Income: 14%

Extended Credit Data
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Listing Description
Purpose of loan:
This loan will be used to… pay off CC debt that was very nearly doubled when my roof began leaking ahead of schedule..

My financial situation:
I am a good candidate for this loan because…I have been working hard for the last 5+ years to eliminate CC, medical bills, and other public debt.  I pay my bills ontime and whenever possible ahead of time.  I routinely use my entire income tax returns to pay off  large chunks of debt, as well as my semi-annual bonuses at work.  I am a single parent of one nine year old boy, which limits the amount of time I can spend doing overtime at work but we are very careful with our money. In 2005 I finally got my credit score high enough to purchase our first home.  Even though I was told I could borrow much more, I only borrowed enough to ensure in the toughest times I could singlehandedly afford the payment. In an effort to reduce outgoing $$s, we recently shut off our satellite tv and began taking the city bus as much as possible (even though I paid my '99 Sable off with income tax returns about a year ago.) The only reason I used credit cards to pay for a new roof on the house was because I was unable to obtain a HELOC thru the mortgage holder(BOA d/t not having enough equity) and I couldn't wait to find other funding as my ceilings were dripping! I would feel much more secure just having one payment rather than the various CC I currently have open.

Monthly net income: $ 1700 Payroll + 270 Child Support

Monthly expenses: $
  Housing: $ 621.00-(includes includes insurance taxes PMI, 6.5% Fixed)
  Insurance: $ 0 (I use pretax $ for medical/ HSA and pay car insur. w/ tax returns)
  Car expenses: $ 40-200 depending on gas usage and oil changes
  Utilities: $ 150-300 depending on season
  Phone, cable, internet: $ 110 landline and cell
  Food, entertainment: $ 250 (more than it should be, I know)
  Clothing, household expenses $ 150 
  Credit cards and other loans: $ was less than 100 but now....haven't seen them yet.
  Other expenses: $ bare minimum, if any