Help me pay off very high interest title loan!
| Loan Information |
| Loan Status:
| Default |
Origination Date:
| 2006-05-22 |
EricsCC ROI:
| -89% |
| Status History |
| Jul 12, 2006 |
Current |
| Sep 07, 2006 |
Late |
| Sep 23, 2006 |
1 month late |
| Nov 06, 2006 |
2 months late |
| Nov 22, 2006 |
3+ months late |
| Dec 05, 2006 |
2 months late |
| Dec 05, 2006 |
3+ months late |
| Jun 01, 2007 |
Default |
|
Hello! I am a mother of 3 and wife of 7 years from Georgia. I am here to request help in paying off a very high interest title pawn loan of mine. My husband & I have been paying on this loan for about 2 months and we still owe more than we initially borrowed due to the very high interest on this loan. At this rate, this loan will not be paid in full for quite some time. We just purchased our first home, and it is scheduled to close by next week. We would like to pay off the title pawn loan before we move. The amount I have requested to borrow is the minimum my state allows. The interest rate I requested is the max my state allows. We only need about $1000 for the title pawn to be paid off. We will use the remainder of the money to do a little work to our new home such as painting and putting in new carpet. I had to file Chapter 7 bankruptcy due to bad choices when I was in my early 20's. My credit rating is not as bad as it shows because there are a few creditors that were included in my bankruptcy that have not been removed yet. I currently do not owe any debts. All of my old debts were included in bankruptcy. I will have no problem paying back this loan, it is cheaper than what I'm currently paying for the title pawn loan I owe. We have 3 sources of income - my husband is a deputy sheriff and receives a full-time income. I am a powerseller on eBay, plus I receive child support payments weekly. We plan on making the payments on time for this loan via our checking account, and will pay off the loan in full around February 2007 when we receive our tax return. Thanks for considering me for a loan, it will be such a huge blessing to our family and much needed! |
| Borrower's Other Listings |
| 12451 |
Buying a new home, need a little help |
HR |
$3,001 @ 24% |
May 09, 2006 |
Withdrawn |
|
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