Consolidating Credit Card Debt
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 33% |
| Lender Rate: | 9% | Borrower: | endomagazine |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-09-17 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Sep 14, 2007 | Current |
| Dec 28, 2007 | Payoff in progress |
| Jan 03, 2008 | Paid |
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Purpose of loan: I wish to consolidate several credit card balances into one loan. The minimum payments for credit card debt are the largest expense in our budget currently. Consolidating the credit card balances from high interest rate cards would make my payments go further and would reduce the minimum payments. My financial situation: My husband and I work for a telecommunications company as project managers. I have worked there over 7 years and he has worked there over 9 years. Our income is stable and predictable. My net income: $2390 Husband's net income: $2542 --------- Total Monthly net income: $4932 Monthly expenses: $3078 Housing: $762 Insurance: $103 Car expenses: $300 Utilities: $386 Phone, cable, internet: $112 Food, entertainment: $400 Clothing, household expenses: $50 Credit cards and other loans: $915 Other expenses: $50 |
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Discussion For This Listing
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