p2p lending at lending club
Clear up credit cards for business expenses

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Listing Information
Amount: $1,700.00 Status: Loan created
Grade: D DTI: 21%
Lender Rate: 17% Borrower: PunkToFunk
Time Left: Finished State: FL
Funded: 100% Group: GROUP CLOSED
Loan Information
Loan Status: Current Origination Date: 2006-06-22 EricsCC ROI: 11%
Status History
Jul 12, 2006 Current
About seven months ago I began a new job as a work-from-home IT engineer. During the few months leading up to the new job I was in a financial crunch and had to use my credit cards to pay for food and living expenses. Now that I am in my new job my financial situation is better, but I'm having trouble paying down the credit cards.

Recently I have been assigned new duties that will involve travel to client sites. As such, I need to pay down my credit cards so that I have available credit for reimbursible travel expenses (airfare, hotel, food, etc). This loan would be used to completely pay off both cards. Once they are paid I plan to close the card with the high APR and low limit to keep my money focused.

Thanks for you time and I look forward to your bid!
Borrower's Other Listings
16945 Pay off cards, stop payday advances! D $2,500 @ 13% May 31, 2006 Withdrawn

 

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