Credit Card Consolidation

| Listing Information | |||
|---|---|---|---|
| Amount: | $8,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 18% |
| Lender Rate: | 11% | Borrower: | mmichaels |
| Finished | State: | OH | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-11-06 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Nov 06, 2007 | Current |
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Purpose of loan: Needed to pay off high interest credit card. My financial situation: I have a steady full time job as an Information Technology director. My background in technology initially attracted me to this site. I'm a homeowner and father of four kids. A payment on this loan will work out to be close to the minimum monthly payment on the credit card any way. Your assistance will allow me a three year plan to eliminate this debt entirely. Monthly net income: $ 4,800 Monthly expenses: $ 3,380 Housing: $ 1600 Insurance: $ 80 Car expenses: $ 250 Utilities: $ 300 Phone, cable, internet: $ 100 Food, entertainment: $ 600 Clothing, household expenses $ 200 Credit cards and other loans: $ 250 Thank you for your consideration. |
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