Need bridge loan - awaiting re-finance on home
| Loan Information |
| Loan Status:
| 4+ months late |
Origination Date:
| 2007-03-06 |
EricsCC ROI:
| -48% |
| Status History |
| Mar 07, 2007 |
Current |
| Apr 22, 2008 |
Late |
| May 07, 2008 |
1 month late |
| Jun 10, 2008 |
2 months late |
| Jul 09, 2008 |
3 months late |
| Aug 07, 2008 |
4+ months late |
|
I have been a businesswoman for over 30 years, with a Harvard MBA . I have had a successful career path, particularly working with start-up companies and small busineses. Last summer, however, my family suffered a health crisis and I too had to go under doctor care. The start-up business I have been developing, consequently, suffered from this personal crash. Personal bills that I have been used to paying on time fell such that my credit took a dive. I had no choice but to refinance property I own and am now awaiting the closing of that loan. I estimate that conservatively it will take another 3-4 weeks to complete that re-fi. I have underestimated the time mortgage companies complete their work so it may be a bit longer. In the meantime, I need a short term loan to pay personal bills as I try to keep my company afloat as well. I am working with my doctors to reduce my stress level so that I can continue to fund our company, that is in the second major funding level. |
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