Debt Consolidation

| Listing Information | |||
|---|---|---|---|
| Amount: | $20,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 21% |
| Lender Rate: | 11% | Borrower: | runge2777 |
| Finished | State: | CO | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-05-31 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| May 31, 2007 | Current |
|
Purpose of loan: As many young people do, I ran up an inordinate amount of high interest credit card debt in and immediately after college. I'm hoping to improve my interest rate for these debts and work to have healthier financial situation. My financial situation: I am a good candidate to pay off this loan because I consistently pay of more of my CC debt that required monthly, and am looking to expedite the end of these payments. I have held a steady job for more than 8 years now, and my due to some beneficial circumstances at work I can now afford to pay this type of loan off without any hardships. Monthly net income: $ 3,900 Monthly expenses: $ Housing: $ 1,100 Insurance: $ 150 Car expenses: $ 600 (including gas and maintenance) Utilities: $ 100 Phone, cable, internet: $ 150 Food, entertainment: $ 400 Clothing, household expenses $ 300 Credit cards and other loans: $ 700 (including this loan) Other expenses: $ 200 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 141250 | Paying off high interest debt | AA | $20,000 @ 18% | May 22, 2007 | Withdrawn |
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