Listing Profile Bid History Loan History
lendingclub ad

Listing Title


Loan Information
Loan Status: Current Origination Date: 2008-06-17 Payments Made: 6 of 36 Total Payments: $3259.89 / $15000.00

Listing Summary

  

Borrower Info
Requested Amount: $15000.00
Lender Rate: 17.94%
Automatic Funding: No
Percent Funded: 100%
Monthly Payment: $541.83
 
Borrower: chelmo73
Location: FL
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile
Credit Grade: B Homeowner: Yes Account Verified: Yes Debt To Income: 36%

Extended Credit Data
Extended Credit Data is viewable by registered users only. Please login or register now.

Listing Description
Purpose of loan:
This loan will be used to pay off my credit cards as well as pay down my student loans.…

My financial situation:
I am a good candidate for this loan because I take my responsibilities seriously.  My family is my first priority, and I want to be able to properly save save money for our future.  Re-paying the loan will not be a problem for me.  My job as a sales person involves a base saIary and a very good commission and bonus structure.  The reason I am requesting this loan is because I have a plan of action to be debt free within the next 3-5 years.  This first involves paying off my credit cards, and then student loans etc.  I make my payments on time every month, however the balances are going down very slowly.  At this rate, I will be paying these balances for the rest of my life.  I have also enlisted with a financial advisor who is creating a budget for us so that we will be able to attain our goals.  Once my debts are paid off, I would like to become a business owner and open my own insurance agency.  Hopefully, I will be able to secure a loan in order to help make this happen for me and my family.

Monthly net income: $ 7,200

Monthly expenses: $ 5,500
  Housing: $ 2,300
  Insurance: $ 300 
  Car expenses: $ 700
  Utilities: $ 200
  Phone, cable, internet: $ 250
  Food, entertainment: $ 500
  Clothing, household expenses $ 250
  Credit cards and other loans: $ 800
  Other expenses: $ 200