Stop BoA sans MBNA gone wild!

| Listing Information | |||
|---|---|---|---|
| Amount: | $20,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 28% |
| Lender Rate: | 14% | Borrower: | SmithsTrading |
| Finished | State: | IN | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-05-01 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Apr 28, 2007 | Current |
| Apr 02, 2008 | Payoff in progress |
| Apr 08, 2008 | Paid |
|
Purpose of loan:
This loan is for Debt Consolidation My financial situation: I have a very stable financial situation. I am seeking this additional liquidity to quash an ugly credit account with BoA, formerly MBNA that has undergone a series of rate increases and term changes. It's time to give them the boot and put money in the pockets of real people. I have also started a technical company on the side which brings in additional income(1,500 to 5,000 monthly depending on services rendered). I would have no issues repaying this loan, or the old credit account. I would rather lower my rates and STOP paying the large bank credit machine as soon as possible. My monthly budget: Mortgage/rent: $817 Insurance: $56 Car expenses: $652 Utilities: $200 Phone, cable, internet: $40 Food, entertainment: ~$200 Clothing, household expenses ~$100 Credit cards and other loan payments: ~$1600 Other expenses: $ --------------------------------------- Total monthly expenses: $3665 |
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