Listing Profile Bid History Loan History

Listing Title


Loan Information
Loan Status: 4+ months late Origination Date: 2006-09-19 Payments Made: 4 of 36 Total Payments: $695.22 / $5000.00

Listing Summary

  

Borrower Info
Requested Amount: $5000.00
Lender Rate: 15.00%
Automatic Funding: Yes
Percent Funded: 100%
Monthly Payment: $173.33
 
Borrower: Sunshine14
Location: NJ
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile
Credit Grade: E Homeowner: Yes Account Verified: Yes Debt To Income: 37%

Extended Credit Data
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Listing Description
I didn't get funded 1st time around, so I'm re-listing. My GL has vetted my listing.

Purpose of Loan
Get finances in order by paying off five PDLs and getting current on household bills and credit cards.

Since my original listing I have paid 1 PDL in full, paid down another, made payments on both mortgages
and brought 2 credit cards current. This loan will allow me to return to positive cash flow every month.
PDLs
United Cash- $546
Magnum-      $712
FSM-           $455
Sonic cash-  $640
Xtra Cash-    $340 
         Total $2693

I have been employed (FT) 6 years with a government agency, and I also have a PT job as a dispatcher.
Additionally I also collect $875/month in rent.

Monthly income
1st Job           $2756
2nd Job            $600
Rental              $875 
Child Support   -$183 
            Total - $4414

My expenses (including debt repayment) total $5427/month, leaving me with $(1013)/month - obviously a negative
cash flow situation. Using the Prosper Loan to satisfy my PDL’s, my monthly cash flow would turn positive to
$708/month. It would also afford me the ability to begin my debt recovery plan which gets me debt free in 11 years!

http://prosperlenders.wikispaces.com/space/showimage/DetailedCashFlow.htm

http://prosperlenders.wikispaces.com/space/showimage/CashFlowSummary.htm

http://prosperlenders.wikispaces.com/space/showimage/DebtPlan.htm

A full description of my credit report which my GL (SophTommy00) has vetted can be found at:
http://prosper.spreebb.com/index.php?showtopic=6272

                 Thank you for your time, consideration and investment.