My loan for debt consolidation

Purpose of loan:
This loan will be used to? pay off medical expenses and credit card debt due to the passing of my wife last year? I am employed at a 4 diamond hotel as the hotels Concierge.? I inter-act with people on a daily basis.

My financial situation:
I am a good candidate for this loan because? I have a steady job and my DTI ratio is inflated beacuse of the debt I am carrying

Monthly net income: $ 4600.00

Monthly expenses: $
??Housing: $
??Insurance: $
??Car expenses: $
??Utilities: $
??Phone, cable, internet: $
??Food, entertainment: $
??Clothing, household expenses $
??Credit cards and other loans: $
??Other expenses: $

Paying off credit cards

Purpose of loan:
This loan will be used to pay-off medical bills that I have accumulated since losing my medical/dental insurance from my previous employer who canceled all health benefits for all employees.

My financial situation:
I am a good candidate for this loan because even if I don't have a high credit score, I have always paid my bills on time, including my first prosper loan for $10,000 that I have paid off last October without being late and without missing a single payment. I was about to go part-time with my previous employer of 13 years, as the company was struggling; however, I was offered a full-time position with a company whose been in the business since the 1980s and though the pay is lesser than what I made from my previous employer, this company is more stable and the word "recession" doesn't seem to exist as sales keep doubling every year.

Monthly net income: $ 2600

Monthly expenses: $ 2,120
??Housing: $ 775
??Insurance: $
??Car expenses: $ 75
??Utilities: $ 50
??Phone, cable, internet: $ 20
??Food, entertainment: $ 200
??Clothing, household expenses $ 150
??Credit cards and other loans: $ 750, including 2nd prosper loan
??Other expenses: $ 100

Credit card consolidation

I had to take a lot of unsecured debt to finish my undergraduate and graduate degrees and to keep up with my child support obligations.? Those obligations have ended now, so I can use that money to pay this revolving debt down faster, and I'd like to do so at a lower rate. I've listed my top three burdens below, the current payments that I'm making, and the expected payment I'll be able to make once combined.

??????????????????????? Amount owed??????????? Rate???????? Monthly Payment

Unsecured A:??????? $5200??????????????????? 30%??????????????? $180
Unsecured B: ? ? ?? $3100??????????????????? 30%??????????????? $105
Unsecured C:????? $13800??????????????????? 22.5%???????????? $280

TOTALS????????????? $22,100????????????????????????????????????????? $565

Prosper Loan??????? $14325 ???????????????????????????????????????? $580 or lower

Remaining Debt????? $7800 ??????????????????????????????????????? $160 (est.)

Total monthly payment is $740.? Total available to service this combined obligation is $565 (the amount I pay now) plus the $540 monthly I no longer pay in child support, for a total of $1105. While I realize this covers only a portion of my revolving debt obligation, it is the worst part, and repackaging it into this Prosper loan will allow me to shrink the entire load more rapidly than I am now.

In summary, this loan will allow me to more rapidly pay down debt generated primarily during college.? Lenders funding this loan will make money; I will lose less money with this loan than I will without it.

Thank you for your attention.

Q: Other monthly expenses? Monthly income? - Trakissta

A: Take home $4300. Housing $1200. Food $450. Gas $150. Phone/cable/data $150. Utilities $250. Incidentals average $200 per month (twice yearly dental co-pay, HVAC service, that sort of thing). Remainder services debt. (Dec-10-2010)

Q: Please provide 1. The total balance of the mortgage loans and any HELOC you owe on your home, and... 2. The current market value of your home? (use zillow.com if unsure) - kindness-launcher

A: My mortgages total $270K on a home valued at $340K; I'm half-owner of the home and pay half the housing. (Dec-12-2010)

Paying off credit cards

The Purpose of loan:
This loan will be used to consolidate other debt and term it out over the 3 years to get it paid off.

I have been current on all payments on prior prosper loan. Portion of original loan went to assist family member with medical bills. Looking to finish terming of debt with this loan.

Remodel 2 bathrooms

Purpose of loan:
This loan will be used to remodel 2 bathrooms (new bathtubs, toilets, cabinets, paint, and flooring).?

My financial situation:
I am a good candidate for this loan because I have an excellent payment history. I have not been late on payments. I have a very steady work history with a good income and prospects for and increase in pay in 2011. The remodeling will increase the value of our home.?

Monthly net income: $ 6400

Monthly expenses: $
??Housing: $ 1625????
??Insurance: $167 for house and cars?
??Car expenses: $ No car payments
??Utilities: $?250
??Phone, cable, internet: $ 260
??Food, entertainment: $ 800
??Clothing, household expenses $ 300
??Credit cards and other loans: $ 500
??Other expenses: $

Paying off credit cards.

Purpose of loan:
This loan will be used to pay off part of my credit card debt.

My financial situation:
I am a good candidate for this loan because I have excellent credit scores and am financially responsible.? My husband and I are having another child and would like to be able to upgrade homes within 1 year.? In order for us to do that, we need to pay off some credit card debt and maximize our savings.? Our current home is too small for our growing family.? We were trying to consolidate all of my credit card debt but unfortunately Prosper gave a lower Prosper Score (I believe it?s my debt to income ratio). Anyhow, my husband?s income is not listed. He is a school administrator and his yearly income is $92,500 per year. Unfortunately, he had to short sell his house when we go married so his credit score is not as good as mine. His credit score is approximately 680.? He does not have a Prosper Score.?

Monthly net income: $9,424.21 (Husbands $5,516.74 Mine $3,907.47)

Monthly expenses: $ 5302.86
??Housing: $ 970.31
??Insurance: $ $255.56
??Car expenses: $ 1034.00
??Utilities: $ $216.00
??Phone, cable, internet: $ 189.99
??Food, entertainment: $600.00
??Clothing, household expenses $ 500.00
??Credit cards and other loans: $ 810.00
??Other expenses: $727 (School Loans)

Pay off debt- Decide.Commit.Succeed

Purpose of loan:
This loan will be used to pay off high interest rate credit cards so I can actually pay them off instead of paying minimum payments

My financial situation:
I am a good candidate for this loan because I have a very stable employment record and have consistently increased my income and receive promotions even in this economy.? I continue to education myself and improve my skills making myself employable.? I currently make $85,000 yr in my full-time job and approximately $10,000 in part-time commission based job I do because I enjoy it.? Over the last couple years my husband's business has slowed due to the state of the economy so we are able to pay bills etc. but my goal is to get rid of all debt allowing us to have more breathing room to save for the future or future dreams of having a business.

Monthly net income: $ 4800 plus part-time commission ranges $800
Monthly expenses: $?3570
??Housing: $?1200
??Insurance: $?200
??Car expenses: $770
??Utilities: $?150
??Phone, cable, internet: $?150
??Food, entertainment: $?600
??Clothing, household expenses $ varies
??Credit cards and other loans: $?300
??Other expenses: $?200 gas

New beginnings

Purpose of loan:
This loan will be used to consolidate debt and provide a wonderful Christmas for my family. Its that time of year when I like to consolidate all my debt accumulated throughout the year, this includes my current prosper loan. I will be using my tax return towards the loan. If it does not pay it off in full I plan on having it paid off by summer. I do plan on buying a home this next year and paying off all my present debt is the first step.

My financial situation:
I am a good candidate for this loan because I am very responsible and pay all my bills on time. Its a good feeling every month getting those paychecks and being able to pay all my bills. Prosper has been great to me thus far. Having one monthly payment verses several is much easier to maintain. I like that my prosper payment is automatically deducted from my checking account. All in all prosper loans make consolidating debt very easy and convenient.

Monthly net income: $ 2,950

Monthly expenses: $
??Housing: $ 475.00
??Insurance: $ 187.00
??Car expenses: $ 383.03
??Utilities: $ 150.00
??Phone, cable, internet: $ 0
??Food, entertainment: $ 200.00
??Clothing, household expenses $ 150.00
??Credit cards and other loans: $ right now I have 3 credit card payments totaling $150 per month and my current prosper loan which is $181.00 per month. This new prosper loan payment would be about that much.
??Other expenses: $

Rebuild credit - payoff 2 cards

Purpose of loan:
This loan will be used to pay-off a couple small credit cards and position myself solidly in 2011.

My financial situation:
I am a good candidate for this loan because I own my house with equity, have a long time and solid job, and have taken measures to reduce expenses while increasing income in 2011. I got into a financial mess this past year after having non-recurring major medical and home bills.

Monthly net income: $ 4500

Monthly expenses: $
??Housing: $ 2390
??Insurance: $ 75
??Car expenses: $ 0
??Utilities: $ 180
??Phone, cable, internet: $ 120
??Food, entertainment: $ 550
??Clothing, household expenses $ 120
??Credit cards and other loans: $ 600
??Other expenses: $ 125

Q: Can you please provide: 1. The total mortgage balance (including 2nd/heloc) on you home 2. The market value of your home (use zillow.com if unsure) - kindness-launcher

A: Mortgage Balance: $355k Tax Assessment Value: $409k The 409k is the new tax assessment figure less than 30 days old. Zillow still has some old numbers - between $500k and $535k. At its peak, the house was valued around $560k. Thanks. (Dec-21-2010)

Q: Your HR credit is a concern, but I am bidding on YOU. I think you deserve a chance! All I ask is that you make sure this prosper loan gets paid. I am NOT a bank, I am a REAL person putting faith in you, So please don?t let me down! - I-Believe-In-You

A: I appreciate your comment. I do not like the situation I am in. I am uncomfortable with it. It is not my norm. You can be assured I am taking steps to correct it and get back on a solid footing. I will not let you or anyone else down. That is my solemn word. Thank-you. (Dec-21-2010)

Paying off my credit cards.

After successfully paying off my first loan with Prosper I am applying for a second loan. In the last couple of years I have made great strides in improving my credit rating and score. I want to continue that trend by paying off the rest of my credit cards. My goal in the next two years is to buy a home, and I must have my credit in top shape before starting that process.
I recently posted this same loan, but was only 90% funded. Hopefully this time will be better!

A few more details about my finances:

Monthly income (after taxes): $5000

Expenses:
Rent - 1450
Utilities - 160
Car payment - 475
Auto insurance - 112
Student loan - 115

The credit cards that I would like to consolidate with this loan are as follows:

Dell - 3300 balance, 34% APR
Best Buy - 775 balance, 25% APR
Macys - 550 balance, 25% APR
Home Depot - 450 balance, 24% APR

Basically, my 'store' cards. My only other credit cards are a Visa and a MC, which I pay off monthly.


I think I am a great candidate for this loan because I have already proven my reliability with my first loan, and like my first loan, I plan to pay this one with automatic payments. I also plan to pay this loan off early.

New piece of equipment for business

Purpose of loan: This loan will be used to add a new Cimex cleaning machine to our business. It will allow us to clean our big accounts easier, add even larger tile accounts and we can also add commercial carpet cleaning to our list of services. You can see our company at www.LakeshoreDeepClean.com
My wife and I are both active in the business and the most prestigious restaurants in our area are a part of our customer list. We are seasoned entrepreneurs and our cash flows can handle this loan payment.
This new equipment would allow us to work a smaller service area and make more income. The gas savings alone will cover half of the loan payment itself.
If you have any questions regarding our business or the worthiness of this venture please do not hesitate to contact me to discuss your concerns.
Thanks for you consideration of this investment.
Sincerely, DDH

Q: Please explain the delinquencies and the public record - explorer925

A: One is a medical bill I am paying off with the VA, one is a large utility bill from Florida I am paying off. The balance are old ones from a prior business in Florida. We owned two real estate franchises that went under in 2007 with the changes in the market. We are living very frugally focusing on getting this business stronger with each month. thanks for the question. (Dec-20-2010)

Great Investment - Son Needs Braces

Purpose of loan:
This loan will be used to pay for my sons braces.?

My financial situation:
I am a good candidate for this loan because I have always paid my prosper loans on time.? This will be my third prosper loan if funded and I will not let potential investors down.? This is a great investment for lenders and you won't be disappointed.? I have been working on trying to get my credit cleaned up for the past couple of years.? After filing bankruptcy?3 years ago I thought I would start to see an improvement.? I am working on getting the delinquents off my report as they were included with the bankruptcy.? My report says they will be removed in 2014.? Why that is I do not know.? It has been a long process and I know I have a long way to go but I will get there in time.? I paid a prosper loan off this year which was $116 and I know I can easily afford $150.

Monthly net income: $ Mine - 2000.00? My Wife's - 2200.00? Total - 4,200.00

Monthly expenses: $ 3200.00
??Housing: $ 750
??Insurance: $ 225
??Car expenses: $ 200 (Both vehicles we own are paid?off)
??Utilities: $ 200
??Phone, cable, internet: $?225
??Food, entertainment: $ 450
??Clothing, household expenses $ 300
??Credit cards and other loans: $?459

I assure you I am an excellent investment and will not let you down.? Please bid confidently and? hopefully I will be able to get my son's braces put on in January.? Any questions please ask.? Thanks for any and all bids.

Postman paying off Credit cards

Purpose of loan:
This loan will be used to pay off some higher interest credits.

My financial situation:
I am a good candidate for this loan because I am a dependable person, in a VERY secure job who only wants to leave my divorce behind and start over. I have a solid history, and very good credit that shows I pay my bills on time every time. I do not have rent or car bills .

Monthly net income: $ Just under 3,000 a month

Monthly expenses: $
??Housing: $ I have NO rent. I live in a house that is owned by my family.
??Insurance: $ I have only my life insurance which is 100 a month .
??Car expenses: $ My car is totally paid off and insurance is prepaid for a year. I dont drive much as I work in Manhattan.
??Utilities: $ ZERO
??Phone, cable, internet: $ 200 A month.
??Food, entertainment: $ 200 a month
??Clothing, household expenses $ 100 a month
??Credit cards and other loans: $ a few hundred a month which will be replaced by this loan .
??Other expenses: $ I have very few expenses . I work long hours, come home sleep and go back to work. My credit cards are only charged because I paid for my divorce attorney on them.

Thank you for considering me.

Q: Please explain the past public record and delinquency shown on your Prosper credit profile. Thanks and best wishes. - reflective-rupee

A: Hi , Im not sure why my answer didnt post the first time I wrote it? I believe that to be related to a business credit card ( Amex ) that I am an authorized user on for a business my parents own. The way Amex works even when you are a user it shows up as being your card. I simply run errands for them and use it to buy things they need. I pay my bills on time EVERYTIME, and I take great pride in that ...so there should not be anything negative on my account . Thank you for the question ! (Dec-17-2010)