Listing Profile Bid History Loan History

Listing Title


Loan Information
Loan Status: Current Origination Date: 2008-10-10 Payments Made: 2 of 36 Total Payments: $214.51 / $3000.00

Listing Summary

  

Borrower Info
Requested Amount: $3000.00
Lender Rate: 17.00%
Automatic Funding: No
Percent Funded: 100%
Monthly Payment: $106.96
 
Borrower: Bizyhusbandnfather
Location: UT
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile
Credit Grade: C Homeowner: No Account Verified: Yes Debt To Income: 17%

Extended Credit Data
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Listing Description
Purpose of loan:
This loan will be used to… Pay off debt adquired getting married and bringing my wife to the USA. 
My wife is from Peru. I’m madly in love with her. The debt I acquired for the marriage was not for some outrageous party or any elegant luncheon.  It was for our lovely immigration process and a last minute plane ticket because INS and USCIS do not give any advanced notice of when someone will be approved or disapproved for a Visa.

My financial situation:
I am a good candidate for this loan because… I'm very responsible and have never, not paid a debt. Even in moments where the rest of the world would have declared bankruptcy I've still followed through. I am currently making double and triple payments on my debts but would like to have a lower interest rate. When you look at the numbers below to calculate risk there are a few things that need to be taken into consideration apart from those number. What you see there is my monetary compensation. However my work contract does have other compensation with great value that is not paid out to me in the form of a check. I also use an apartment that values $520 a month , utilities that value $200 per month, family health and dental insurance  with premiums of $950 a month,. None of this is deducted from my pay. It is all in addition to the numbers you see below as well as a $60 per month cell phone reimbursement.   When you take that into account it helps you understand how I am 6 months ahead on the current loan I have yielding 29% interest. A few more things for consideration would be the emergency fund I have of $500 for myself and $500 for my wife. I also have an IRA that actually values the same $3000 that I owe. However I have to quit my job to use it without large penalties. So the actual annual earnings with everything included equal a value of just under $55,000per year. Do keep this into consideration when considering to bid on my loan.

Monthly net income: $ 2833.00 including monthly bonuses

Monthly expenses: $ 1231.00

  Housing: $
  Insurance: $
  Car expenses: $ 300 fuel
  Utilities: $
  Phone, cable, internet: $ 200
  Food, entertainment: $ 300
  Clothing, household expenses $
  Credit cards and other loans: $ 282
  Other expenses: $