Consolidating debt for future business
| Listing Information | |||
|---|---|---|---|
| Amount: | $6,600.00 | Status: | Loan created |
| Grade: | A | DTI: | 22% |
| Lender Rate: | 11% | Borrower: | FutureLeader08 |
| Finished | State: | MI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-11-20 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Nov 23, 2007 | Current |
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Purpose of loan: This loan will consolidate the high-interest debt so I will be able to pursue a business opportunity in the near future. This loan would simply allow me to pay off my debt faster and I'd much rather pay interest to you rather than pay it to the credit card companies. My financial situation: I am true to my word and have made all payments as agreed and on time. I have a Bachelor's Degree in Economics and I have a good-paying job. Monthly net income: $3,250 + rental income (~$1,000/mo.) Monthly expenses: $ Housing: $0 (wife pays the mortgage) Insurance: $112 on auto. Health was deducted from Gross Income to arrive at Net Income Car expenses: $215 pmt. + $100 gas Utilities: $60 Phone, cable, internet: $120 Food, entertainment: $100 we have a 1-year old, therefore little entertainment expenses ;-) Clothing, household expenses $50 est. Credit cards and other loans: $300 Other expenses: $150 (student loan) |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 380351 | Consolidating debt for future business | A | $11,750 @ 10% | Aug 09, 2008 | Withdrawn |
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