Removing Remaining Debt

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 15% |
| Lender Rate: | 22% | Borrower: | matthewb22 |
| Finished | State: | MA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-04-30 | EricsCC ROI: | -32% |
| Status History | |
|---|---|
| Apr 28, 2007 | Current |
| Dec 15, 2007 | Late |
| Dec 29, 2007 | Current |
| Jan 01, 2008 | 1 month late |
| Jan 31, 2008 | 2 months late |
| Mar 01, 2008 | 3 months late |
| Mar 31, 2008 | 4+ months late |
|
Purpose of loan: I have a very high interest card that I want to pay-down as soon as possible. My financial situation: My credit is excellent and income is decent , but would like to remove this debt from my balance sheet. I am waiting for funds in the next few months, but would like to remove the debt prior to being paid to avoid the higher interest. My monthly budget: Mortgage/rent: $5,000 Insurance: $1500 Car expenses: $0 business pays Utilities: $250 Phone, cable, internet: $250 Food, entertainment: $500 Clothing, household expenses $500 Credit cards and other loan payments: $2500 Other expenses: $500 --------------------------------------- Total monthly expenses: $11,000 My income is over $20,000 per-month |
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