Listing Profile Bid History Loan History

Listing Title


Loan Information
Loan Status: Current Origination Date: 2008-06-04 Payments Made: 6 of 36 Total Payments: $390.83 / $2000.00

Listing Summary

  

Borrower Info
Requested Amount: $2000.00
Lender Rate: 10.45%
Automatic Funding: No
Percent Funded: 100%
Monthly Payment: $64.96
 
Borrower: musicmike1707
Location: FL
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile
Credit Grade: C Homeowner: No Account Verified: Yes Debt To Income: 20%

Extended Credit Data
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Listing Description
Purpose of loan:
This loan will be used to… purchase some medical transcription equipment so my wife can get started in her new career as well as to pay off some medical debts and to give us a cushion for the summer and early fall months while my wife gets the income cranked up in the medical transcription work. 

My financial situation:
I am a good candidate for this loan because…my wife is a hard worker who has had experience in the medical field in the areas of case management and social work.  She has just completed a medical transcription course and is presently seeking work in this area.  At the present time she is not bring in an income, but we are hoping to increase our total family income by $10,000 to $15,000 dollars over the next year.

Monthly net income: $ 3849

Monthly expenses: $ 3535
  Housing: $ 875
  Insurance: $ 640
  Car expenses: $ 500
  Utilities: $ 200
  Phone, cable, internet: $ 145
  Food, entertainment: $ 375
  Clothing, household expenses $ 300
  Credit cards and other loans: $ 200
  Other expenses: $ 300