Listing Profile Bid History Loan History

Listing Title


Loan Information
Loan Status: Current Origination Date: 2008-10-03 Payments Made: 2 of 36 Total Payments: $1002.60 / $14555.00

Listing Summary

  

Borrower Info
Requested Amount: $14555.00
Lender Rate: 14.35%
Automatic Funding: No
Percent Funded: 100%
Monthly Payment: $499.93
 
Borrower: Silverbane
Location: WI
Group: defense
Group Fee: 0.00%

Credit Profile
Credit Grade: A Homeowner: No Account Verified: Yes Debt To Income: 32%

Extended Credit Data
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Listing Description
Purpose of loan:
I earn a very good salary but unfortunately took on too many high interest credit card debt during my college years.

I would like to consolidate the rest of my credit card debt into a single payment and terminate my cards.

When this loan gets funded this is how I plan on using the money:
$7,500 towards Discover @ 27.78%
$3,500 towards Mastercard @ 24.77%
$2,500 towards Visa @ 28.26%

Additionaly I would like to re-invest $1000 back into prosper.

With this loan I will be free of the chains the credit card companies have put upon my leg.  It is very difficult getting yourself out of debt, especially with such high interest rates they love the get the typical college kids in.  I have payed my dues and learned my lesson, and with your support I would love to be free of the burden of high interest rates.

My financial situation:
I am a single hard working individual and am employed by a major computer programming company for over three and a half years now.

Please give me a chance and let me prove myself. Thank you.

Monthly net income: $8000.00

Monthly expenses: $
  Housing: $690.00 
  Insurance: $150.00 
  Car expenses: $500.00 
  Utilities: $360.00 
  Phone, cable, internet: $60.00 
  Food, entertainment: $450.00 
  Clothing, household expenses $75.00 
  Credit cards and other loans: $1200.00 
  Other expenses: $50.00