Paying off my only high interest credit card

| Listing Information | |||
|---|---|---|---|
| Amount: | $2,300.00 | Status: | Loan created |
| Grade: | AA | DTI: | 51% |
| Lender Rate: | 9% | Borrower: | sunshine45 |
| Finished | State: | UT | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-05-18 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| May 18, 2007 | Current |
| May 24, 2008 | Paid |
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Purpose of loan: I wanted to try out Prosper to see if I would be interested in investing in future loans to others. I will be paying off the only loan that I have with an interest rate higher that 7.9% My financial situation: My credit score is excellent. I have had no delinquencies in more than 7 yrs. My husband supports the family and all my income is my own to spend as I wish. Monthly net income: $ 450. Monthly expenses: $ Housing: $ Insurance: $ Car expenses: $ Utilities: $ Phone, cable, internet: $ Food, entertainment: $ 100. Clothing, household expenses $ Credit cards and other loans: $ Other expenses: $ |
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