Pay off debt and get ahead!!!
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 32% |
| Lender Rate: | 22% | Borrower: | Crystaf |
| Finished | State: | CA | |
| Funded: | 100% | Group: | FINANCE & INVESTMENTS |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-08-07 | EricsCC ROI: | 18% |
| Status History | |
|---|---|
| Aug 07, 2007 | Current |
| Jun 22, 2008 | Late |
| Jun 28, 2008 | Current |
|
Purpose of loan: Pay off high interest credit card debt. Bought a house in 10-05, remodeled the guest house to provide rental income. Construction costs were charged to credit card. Housing market slowed way down and was unsuccessful in refinancing. Guest house leaked and got mold and required an additional $10,000 in mold mitigation. Ready to pay off debt, consolidate and move ahead. My financial situation: Steady job. Guaranteed bonus of 10% of salary. Guaranteed 5% salary increase. Monthly net income: $ 4800 Monthly expenses: $ 4800 Housing: $ 1600 Insurance: $ 100 Car expenses: $ 400 Utilities: $ 200 Phone, cable, internet: $ 100 Food, entertainment: $ 400 Clothing, household expenses $ 200 Credit cards and other loans: $ 1100 (A loan will lower the monthly payments) Other expenses: $ 700 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 176628 | Pay off debt and get ahead | B | $25,000 @ 22% | Jul 26, 2007 | Withdrawn |
| 176833 | Pay off debt and get ahead!!! | B | $25,000 @ 19% | Jul 26, 2007 | Expired |
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