PAY OFF HIGH INTEREST CC's & SAVE FOR 403B COLLEGE SAVINGS!
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 48% |
| Lender Rate: | 13% | Borrower: | cabarca77 |
| Finished | State: | NY | |
| Funded: | 100% | Group: | No Bull Investors - We Invest In Good Borrowers |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Default | Origination Date: | 2007-06-07 | EricsCC ROI: | -63% |
| Status History | |
|---|---|
| Jun 09, 2007 | Current |
| Sep 23, 2007 | Late |
| Oct 08, 2007 | 1 month late |
| Nov 08, 2007 | 2 months late |
| Dec 08, 2007 | 3 months late |
| Jan 08, 2008 | 4+ months late |
| Apr 04, 2008 | Default |
|
I just re-listed this and I think because I didn?t specify more details on my listing for my financial situation and now I put the highest interest rate that I was able to do. So I hope this is good and give enough info for the people considering my listing. Please let me know if you need any more info, I would be more than happy to give it to you! Purpose of loan: I would like to pay off my high interest credit cards and also have one monthly payment that?s less per month. I would rather pay ONE payment per month rather than SEVEN! My financial situation: My husband and I own a home and we have never been late on any cards or accounts, we make a combined income of 162000 a year. We just want ONE payment to make a month and to not look at our credit cards again! This loan will save me around 350.00 a month in payments AND save me a great amount of money in interest over time. Monthly net income: $ 10,040.00 Monthly expenses Housing: $ 3700 Insurance: $ 200 Car expenses: $ 499 Utilities: $ 150 Phone, cable, internet: $ 135 Food, entertainment: $ 400 Clothing, household expenses $ 100 Credit cards and other loans: $ 1200 Other expenses: $ 100 Total Monthly expenses: $6484.00 Total with the loan will be saving me around 350 a month: $6,129.00 Credit Card Debt Bill Interest Amount owed Chase Card 19.24% $4,719.00 Freedom Chase 18.24% $5,857.52 Home Depot 15.99% $4,142.51 Jennifer Convertibles 23.90% $4,049.96 Orchard Bank 26.74% $1,359.98 PC Richard 22.73% $1,157.92 Union card 19.99% $2,296.09 The Place Furniture CC 23.99% $2,029.00 Total Owed $25,611.98 Hi all! I have a husband and a 15 month old son. I am asking for this money because I have cc's with high interest rates and I would love to have 1 payment a month. My husband and I are very reliable, have never had late payments on ANY accounts, and we are very honest. We make a pretty good living; we both NET a little over 10K a month, own a home and some stock, along with pension & life insurance. We want to look toward a brighter future for our son and really pay off all of our debt as quickly as possible because we want to save for our son for college, etc. I would like to open up a 403B for a college savings plan. I just feel like this is wasted money right now. I am so tired of making payments and then it doesn?t look like we did anything! These rates are so high; it just keeps the balances the same from month to month! My son means the world to us and I would go to any lengths to make him happy. My husband and I are good people, have lots of wonderful friends and are very family oriented. We are always looking to help someone out and if this works out, we are considering doing this for other people as well. We know how it feels to be on this end of the spectrum and it can be frustrating. We would love to finish paying this off and helping others as well. We would never let anyone down who can give a helping hand. Thank you so much for your generosity and consideration, we truly appreciate it. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 139151 | Pay off High Interest Credit Cards! | A | $25,000 @ 14% | May 17, 2007 | Withdrawn |
| 139211 | Pay off High Interest Credit Cards! | A | $25,000 @ 13% | May 17, 2007 | Expired |
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Discussion For This Listing
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