Pay Down Debt
| Listing Information | |||
|---|---|---|---|
| Amount: | $14,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 23% |
| Lender Rate: | 16% | Borrower: | compute22 |
| Finished | State: | OH | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-11-07 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Nov 07, 2007 | Current |
|
Purpose of loan: (explain what you will be using this loan for) I need to pay down debt incurred by having 2 kids in college. I will be able to fully repay sooner than 3 years as my year end bonus comes in My financial situation: (explain why you are a good candidate for paying back this loan) I have a solid track record of high earnings having made in excess of $100,000 per year over the past 5 years, and more than $65,000 each of the past 10 years. I have owned my home for 10 years, and have never been out of work, and never been late on a single payment, Monthly net income: $ 7000 Monthly expenses: $ Housing: $ 2700 Insurance: $ 250 Car expenses: $ 429 Utilities: $ 120 Phone, cable, internet: $ 100 Food, entertainment: $ 300 Clothing, household expenses $ 400 Credit cards and other loans: $ 1000 Other expenses: $ 500 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 222219 | Pay Down Debt | B | $22,000 @ 18% | Oct 27, 2007 | Expired |
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