Pay-off very high interest loan
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | D | DTI: | 15% |
| Lender Rate: | 24% | Borrower: | sweetmd |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-10-19 | EricsCC ROI: | 20% |
| Status History | |
|---|---|
| Oct 19, 2007 | Current |
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Purpose of loan: To pay-off a very high interest personal loan & credit cards, and make just one affordable payment. My financial situation: I've been paying this very high interest personal loan for 2 years now, and to my dismay, 99.9% of what I pay monthly ($250.31) only goes to interest. Last time I checked, the total amount applied to principal had only been $20. I just want to be able to pay this off and some of my credit cards, so I can start putting away money in savings for emergency use. I am just looking for a loan that is affordable and convenient for me. Monthly net income: $ 3,4000.00 Monthly expenses: $ Housing: $ 725 Insurance: $ 105 Car expenses: $ 175 Utilities: $ 35 Phone, cable, internet: $ 50 Food, entertainment: $ 300 Clothing, household expenses $ 200 Credit cards and other loans: $ 975 Other expenses: $ 200 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 211623 | Pay-off very high interest loan | D | $15,000 @ 24% | Oct 05, 2007 | Expired |
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