paying off a higher rate credit card
| Listing Information | |||
|---|---|---|---|
| Amount: | $9,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 13% |
| Lender Rate: | 11% | Borrower: | elevate2420 |
| Finished | State: | WI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-11-13 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Nov 10, 2007 | Current |
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Purpose of loan: This loan will be used to pay off a credit card that is at a higher rate. My financial situation: I have a very steady salaried job. My wife is returning to work after a few years of giving birth and taking care of the babies. I have term life insurance and 401k. We are committed to paying off our debt so we can start saving to build a new home. Monthly net income: $ $3,900 plus whatever my wife will now earn. Monthly expenses: $ Housing: $ 1500 (includes taxes and homeowners insurance) Insurance: $ 100 Car expenses: $ 600 (including car loan) Utilities: $ 100 Phone, cable, internet: $ 100 Food, entertainment: $ 400 Clothing, household expenses $ 100 Credit cards and other loans: $ 750 Other expenses: $ |
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