Paying off Honda Civic
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 7% |
| Lender Rate: | 8% | Borrower: | tulanejen |
| Finished | State: | TX | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-06-26 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Jun 25, 2007 | Current |
| Jun 05, 2008 | Payoff in progress |
| Jun 10, 2008 | Paid |
|
Purpose of loan: My lease is coming up for my 2003 Honda Civic and I plan to buy the vehicle. It has less than 26,000 miles and is in great condition, so I'd rather pay the $7100 that I owe instead of look for another vehicle, especially since Kelly Blue book states that it's worth at least $12,000. As a Texas resident, the highest interest rate I can request is 8.31% My financial situation: I have an excellent credit rating and have never been late on any payments. I am only looking for a loan because I plan to buy a house very soon and would rather have small monthly payments than use up so much from my savings account. More than likely, I will pay the loan off before the full 36 months have passed. Monthly net income: $ 3200 Monthly expenses: $ Housing: $ 550 Insurance: $ 50 Car expenses: $ 75 Utilities: $ 50 Phone, cable, internet: $ 100 Food, entertainment: $ 200 Clothing, household expenses $ 100 Credit cards and other loans: $ 0 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 132933 | Paying off Honda Civic | A | $7,000 @ 8% | May 04, 2007 | Expired |
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