Paying off debts
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,500.00 | Status: | Loan created |
| Grade: | B | DTI: | 13% |
| Lender Rate: | 13% | Borrower: | Moggy |
| Finished | State: | IL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-09-21 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Sep 21, 2007 | Current |
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Purpose of loan: To completely pay off debts in order to start a college savings fund. My financial situation: I've been trying to save up reserves to enroll in a college for about two years now, but with the accrued interest on the credit card and ExxonMobil gas card, both of which happened to be maxed out due to a really rotten ex-roommate, I've been able to make above minimum payments on bills while being able to afford hard cash for food and fuel to travel to and from work. Monthly net income: $ 20,640 Monthly expenses: $ 4,222 Housing: $ 716/mo. Insurance: $ 71/mo. Car expenses: $ 75 / $400 (Vehicle Repairs) + $100+ (Fuel) Utilities: $ 15 (Natural Gas) Phone, cable, internet: $ 70+ /mo. (Cell) Food, entertainment: $ 100 Clothing, household expenses $ 0 Credit cards and other loans: $100/$2500 (Credit card) + $50/$750 (ExxonMobil) Other expenses: $ 0 |
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