p2p lending at lending club
Let's Pay Off Those Credit Cards!
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Listing Information
Amount: $3,500.00 Status: Loan created
Grade: A DTI: 13%
Lender Rate: 9% Borrower: webjags
Time Left: Finished State: FL
Funded: 100% Group: GROUP CLOSED
Loan Information
Loan Status: Current Origination Date: 2007-08-03 EricsCC ROI: 7%
Status History
Aug 03, 2007 Current
Purpose of loan:
I want to pay off some old closed credit card accounts that are hanging around, slowly getting paid down. I learned the lesson that when you close an account before paying it off, the companies will really stick it to you in the form of really high interest rates.  This will allow me to go ahead and pay them off, and get out from under their abusive interest rates.
My financial situation:
I am working a full time job as an employee, and expect to stay for the rest of my career.  If not, I have experience as an IT consultant, so I can get work elsewhere, if necessary.  I also play bass guitar in a band for extra income.
Monthly net income: $ 5000

Monthly expenses: $
  Housing: $ 2156
  Insurance: $ 115
  Car expenses: $ 150
  Utilities: $ 150
  Phone, cable, internet: $ 125
  Food, entertainment: $ 200
  Clothing, household expenses $ 100
  Credit cards and other loans: $ 600
  Other expenses: $
Borrower's Other Listings
302705 Let's Pay Off Those Credit Cards! B $7,000 @ 13% Apr 01, 2008 Withdrawn

 

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