Paying off high interest CC debt
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 25% |
| Lender Rate: | 10% | Borrower: | Say-no-to-high-interest |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-08-30 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Aug 31, 2007 | Current |
| Sep 30, 2008 | Payoff in progress |
| Oct 03, 2008 | Paid |
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Purpose of loan: I have $5,000 left on a high interest credit card. I want to CUT IT UP!!! My financial situation: For the first time in years my husband and I are both working at the same time and our dual income is allowing us to be very proactive about our finances!! We aere very excited and hope to be debt free very soon. We should be able to pay back this loan in a very short period of time. Monthly net income: $ 120,000 (that is the combination both our incomes) Monthly expenses: $ Housing: $ 1600 Insurance: $ 160 Car expenses: $2200 Utilities: $ 180 Phone, cable, internet: $ 200 Food, entertainment: $ 950 Clothing, household expenses $200 Credit cards and other loans: $ 600 (mostly student loans) Other expenses: $ None!!!! Both my husband and I have master's degrees and we are both considered experts in our field. I am a teacher and have a VERY steady job. My husband just started a new job with a VERY good company. We are VERY excited and are confident that this will be a great year!!! |
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