Paying off credit cards
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 27% |
| Lender Rate: | 13% | Borrower: | mom4peace |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-08-13 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Aug 11, 2007 | Current |
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Purpose of loan: Payoff credit card debt My financial situation: In 2002 my job was outsourced to India and I was downsized. At the time, my son was attending college and being a single Mom, I had to rely heavily on credit until I could find another job. I now have been employed for over 3 years with a well established company and have been paying off debt incurred during that time. I have paid bills on time, but need to lower the interest paid in order to make better progress. Monthly net income: $ 5200 Monthly expenses: $ Housing: $ 1500 Insurance: $ 100 Car expenses: $ 50 Utilities: $ 400 Phone, cable, internet: $ 35.00 Food, entertainment: $ 200 Clothing, household expenses $ 100 Credit cards and other loans: $ 900 Other expenses: $ |
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