Prosper Newsletter: March 2006 > Financial

You understand that the following information is educational in nature and is not intended to be legal, accounting, or tax advice. You are responsible for your own financial decisions and should consult your own legal, accounting, and tax advisors before making your financial decisions.

New Jersey Couple Finds Way To Financial Independence Thanks To Prosper!

We are finally on our way to financial independence. We started the program in September and made our first payment in November towards becoming debt free. Our accelerator margin is $919.00 and will be over $1000.00 at the start of 2006. We have $281,080.00 in debts and will have them completely paid off in 10 years 9 months. With the information and knowledge that we have learned from Prosper we know our debts will be paid off much sooner than our goal date. Thank God for Prosper!

Your credit is your responsibility! Take control now by visiting www.annualcreditreport.com where you can request a free credit report from each of the big three Credit Reporting Agencies (CRAs). These reporting agencies include Equifax Credit Information Services, Experian Consumer Assistance Center, and TransUnion LLC. Most lenders pull your credit report when deciding whether or not to loan you money and derogatory items in your history can prevent you from acquiring the loan. By requesting a copy of your credit report from each CRA you will be able to see all of the trade lines (credit accounts) that you have or have had open in the past. Study these for accounts that you were not aware of or negative marks that you don't believe should be there. Then you will be able to contact both the CRAs and creditors to start to repair your credit. For more information on how to contact them and what to say, talk to your coach.