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Full Time IT Professional - Looking for £3k Loan for a car

Loan amount
£3,120.00
Loan length
24 months
Preferred rate
10.00%
Loan purpose
Car
Progress:
100%

60 offers (7.51% avg)

Listing ends:
11.02.2010 - 2:35 PM (Ended)
Accepted

Personal profile

WHY I'M BORROWING

I'm looking to borrow the amount to purchase a modest, reliable car - a recent change in my personal circumstances means I need one as soon as possible for travelling down to Plymouth from Bristol and vice versa on a regular basis.

ANY EXISTING ZOPA LOANS & PREVIOUS APPLICATIONS
I'd applied for a loan via Zopa previously for the same amount and been declined - I am unsure of why as my income is well over my outgoings and my debts are manageable. I am currently waiting to find out why via my Equifax / Experian credit ratings - possibly due to having moved a few times within the last few years.

WHY I'M A SAFE PAIR OF HANDS
I work full time (have done for over five years) for the same company (Orange) in a reasonably well paid IT position. I have

THE STATE OF MY FINANCES

I have no loans.
I do not have any arrears / CCJ's.

I currently have 2x Credit Cards (Virgin and Post Office), and owe roughly £3500 on the Virgin card and £1500 on the Post office Card). I tend to pay off around £250 per month across the two cards, sometimes more if i've had a frugal month.

Income/Expenses

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Lending offers

  • Offer is winning Winning
  • Offer is conditional Conditional
  • Offer has lost Lost
#LENDERAMOUNTRATEDATE
1dhtabor£50.006.00 %07.02.10 21:35
2Jutambuster£10.006.49 %11.02.10 10:42
3gardibor£20.006.80 %10.02.10 15:05
4mathsguru£10.006.98 %11.02.10 10:57
5716720£10.006.99 %11.02.10 09:59
6lendtwou£20.007.00 %10.02.10 18:51
7TomAppleyard£10.007.00 %10.02.10 21:32
8PETERGWW£50.007.25 %11.02.10 10:18
9heliped£20.007.39 %11.02.10 14:32
10pjberry153£100.007.40 %11.02.10 10:19
11qdomin£100.007.40 %11.02.10 13:17
12Eddy45£40.007.41 %09.02.10 15:57
13buttonit£10.007.44 %11.02.10 12:47
14lenderrod£20.007.45 %10.02.10 18:29
15jbates£10.007.45 %11.02.10 06:54
16PARSONSMM1£10.007.45 %11.02.10 12:26
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24woody23£70.007.49 %11.02.10 09:39
25keng01£100.007.49 %11.02.10 12:52
26itdoctor£40.007.49 %11.02.10 13:18
27colins2£30.007.49 %11.02.10 13:22
28Benbow£10.007.49 %11.02.10 14:34
29jmcvs£10.007.50 %07.02.10 00:05
30FFAM£10.007.50 %08.02.10 16:34
31mcquiren13£100.007.50 %09.02.10 14:49
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36Kiwimike£100.007.50 %11.02.10 08:57
37lennymutt£30.007.50 %11.02.10 11:03
38Mr Chris£20.007.50 %11.02.10 12:17
39ZAY£100.007.50 %11.02.10 12:20
40EssexLoans£20.007.50 %11.02.10 12:58
41Deanog£50.007.50 %11.02.10 13:08
42pkatz£100.007.50 %11.02.10 13:31
43kingprawn£20.007.50 %11.02.10 13:47
44johnbrewin£500.007.50 %11.02.10 14:34
45upside£30.007.60 %11.02.10 10:17
46roopaddy£10.007.70 %11.02.10 09:24
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64alexp2000£40.007.84 %11.02.10 14:14
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141smiler177£10.008.00 %10.02.10 11:26
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Questions about this listing

Lenders are invited to ask questions to borrowers. Borrowers will be notified of any questions and can answer if they wish. They may choose not to respond to questions that are too intrusive though.

Question asked on: Friday, 5th February 2010

Question asked by:

TandandNik

Question: Hi! Good luck with your listing. Can i ask how often you'll be travelling Bristol/Plymouth as this will affect your outgoings in terms of Fuel/car maintenance, and will these be paid for by yourself or by your company?

Thank you

Answer: Hi There TandandNik. Good question! I'll be travelling back every other weekend - I currently do at the moment, but via train at a cost of around £30-40 per time - this makes up the majority of my £100 / month travel expenses. An economical car should be similar for the 250 mile round trip, so there should be minimal affect on my outgoings. Unfortunately my employer won't be paying for this!

Question asked on: Sunday, 7th February 2010

Question asked by:

robinhood53

Question: Hi,
I note that you have no monthly expense on phone use & your home utility bills seem low. Please would you explain the reason for this?
Regards,
Robin

Answer: Hi Robin
I work for Orange, who pay for my phone and live in a shared house, hence the low bills.

Regards,
James

Meet the borrower

Borrower ID: mrgooding

Age: 26-29

Zopa member since: 22.05.09

Borrower rating

Credit score

Affordability

Stability

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