Pay off Credit Cards
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 47% |
| Lender Rate: | 13% | Borrower: | Clearblue42 |
| Finished | State: | NH | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-11-20 | EricsCC ROI: | 11% |
| Status History | |
|---|---|
| Nov 23, 2007 | Current |
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Purpose of loan: To pay of high interest credit card debt which has built up due to some house renovations, a large unforeseen auto expense and my dog getting sick (which added over $4000.00! I rescued her, and I guess, as they say: No good deed goes unpunished. She is healthy now, by the way). This is my second attempt, and I want to thank all of you who had me 65% funded last time. My financial situation: I own a four unit building which is fully rented. I am in a college area (University of New Hampshire) and have not had any trouble keeping the apartments full with year leases based on the school year. I have been employed in an small but busy architectural office for 8 years with a good retirement plan in which I have about $28,000.00 at the moment. I only just realized after things settled down how crazy the interest rate on my cards are - from 21.99 to 23.99%. Monthly net income: $ 2675.00 Monthly expenses: $ 1660.00 (less credit cards) Housing: $ 400.00 (my portion of mortgage payment after rents) Insurance: $ 50.00 Car expenses: $ 400.00 Utilities: $ 20.00 (utilities are covered by rents) Phone, cable, internet: $ 90.00 Food, entertainment: $ 400.00 Clothing, household expenses $ 100.00 Other expenses: $ 100.00 Savings/Unforeseen expenses $100.00 Amount I currently put towards credit cards: $1000.00 (with close to half going to interest) |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 224778 | Pay off Credit Cards | AA | $25,000 @ 14% | Nov 02, 2007 | Expired |
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