p2p lending at lending club
Paying Credit Cards

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Listing Information
Amount: $1,750.00 Status: Loan created
Grade: B DTI: 87%
Lender Rate: 11% Borrower: thegov2287
Time Left: Finished State: NY
Funded: 100% Group: Univeristy of Rochester
Loan Information
Loan Status: Current Origination Date: 2007-11-02 EricsCC ROI: 8%
Status History
Nov 02, 2007 Current
Purpose of loan:
I am using this loan to pay off credit card debts, so that I may start a clean financial slate.

My financial situation:
The total cost of my current credit card payments, which I have always made in full and on time, adds up to be as much or more than my loan payment is likely to be. Therefore, I will be able to pay my loan payment and wipe out my credit card debt at the same time.

Monthly net income: $350

Monthly expenses: $
  Housing: $ 0
  Insurance: $ 0
  Car expenses: $ 135
  Utilities: $ 0
  Phone, cable, internet: $ 50
  Food, entertainment: $ 25
  Clothing, household expenses $ 0
  Credit cards and other loans: $ 55
  Other expenses: $ 20
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