Eliminating Revolving Credit, Investing
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,500.00 | Status: | Loan created |
| Grade: | AA | DTI: | 16% |
| Lender Rate: | 8% | Borrower: | MoneyZone |
| Finished | State: | MN | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-10-24 | EricsCC ROI: | 6% |
| Status History | |
|---|---|
| Oct 23, 2007 | Current |
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Purpose of loan: I am using this loan to eliminate my revolving credit line. Most of the credit card debt is from our wedding and our honey moon. I currently make about $250 a month in payments on my 3 credit cards. My monthly payment for this loan will be approximately the same but I can pull some equity out of it. The remainder of this money will be used to reinvest in prosper, used other investments, and to have some extra cash on hand. My financial situation: I recently just started a new job with a base pay of $43680, there are also yearly bonuses. Monthly net income: $ 3640 Monthly expenses: $ 2925 Housing: $ 1100 Insurance: $ 250 Car expenses: $ 300 Utilities: $ 300 Phone, cable, internet: $ 125 Food, entertainment: $ 250 Clothing, household expenses $ 200 Credit cards and other loans: $ 250 Other expenses: $ 150 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 82515 | Future Lender Learning The Ropes | A | $2,500 @ 7% | Jan 08, 2007 | Expired |
| 85080 | Re-Listing Future Lender Learning the Ropes | A | $2,500 @ 7% | Jan 15, 2007 | Expired |
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