Need to raise FICO 25 pts

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 35% |
| Lender Rate: | 20% | Borrower: | tazjohn |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-10-31 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Nov 01, 2007 | Current |
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Purpose of loan: I have $40000 on two credit cards that need to be paid down to 50%. My score would go up 30 points and I can then get a business line of credit of $150,000 to expand my 20 year old business. I am just under the score they need to loan me the money. My financial situation: I own my own house in Mission Viejo, CA. I own 26 duplexes in Claremore, OK, fully rented. I have two credit cards at the max of 20,000 due to an investment in a restaurant I sold two years ago. Monthly net income: $ 10,500 Monthly expenses: $ Housing: $ 3800 Insurance: $ 50 Car expenses: $ 800 Utilities: $ 200 Phone, cable, internet: $ 65 Food, entertainment: $ 150 Clothing, household expenses $ 150 Credit cards and other loans: $ 2000 Other expenses: $ |
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