Consolidating Credit Card Debt
| Listing Information | |||
|---|---|---|---|
| Amount: | $8,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 24% |
| Lender Rate: | 13% | Borrower: | dirtbomb |
| Finished | State: | IL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-11-19 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Nov 23, 2007 | Current |
|
Purpose of loan: I need to consolidate some high interest credit card debt and use the rest for a down payment on a more affordable vehicle. My financial situation: My financial situation is pretty good. I've been working in the finance industry for about 5 years and I've been with my current employer for just a tad over 3 years. I lowballed my gross pay at about 45k. Last year I W2'd 56k and this year I expect to be over 60k. My goal is to eliminate some foolish credit card debt with an installment loan and put any excess towards a more affordable vehicle. I've been shopping for a consolidation loan and recently heard a synopsis of prosper.com on NPR. I like the community feeling here and figured I'd give this a shot. All 3 of my credit scores are all over 700 and I expect they would be higher if only I didn't have my revolving lines so high (none of them are maxed out, but they're all over 75%; I am a joint holder on one of my father's cards with an outrageously high limit and a very low balance - hence the low 'bankcard utilization' percentage). Monthly net income: $ 3750 Monthly expenses: $ Housing: $750 Insurance: $100 Car expenses: $450 Utilities: $75 (shared expense) Phone, cable, internet: $100 Food, entertainment: $250 Clothing, household expenses $250 Credit cards and other loans: $300 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 228787 | Consolidating Credit Card Debt | B | $8,000 @ 17% | Nov 08, 2007 | Withdrawn |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|