CONSOLIDATE DAY CARE BUSINESS DEBT
| Listing Information | |||
|---|---|---|---|
| Amount: | $18,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 91% |
| Lender Rate: | 18% | Borrower: | EDWARD1966 |
| Finished | State: | AL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-11-29 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Nov 29, 2007 | Current |
|
Purpose of loan: This loan will be used to consolidate business debt and to help our business(daycare) move to another building. My wife and I have found a building to move into and this loan would help be a tremendous help to us. Thank you so much in advance for your help! My financial situation: My personal and business financial situations are good. My personal debt to income ratio is high but my wife and I make enough income to pay off this loan. We have 35 children in our daycare and business is pretty good but we need a little help right now. I am a recently retired Air Force veteran who is now helping my wife run our business. Monthly net income: $ 2,333(My Income) I currently receive $1,503 dollars for retirement each month plus $1,319 for disability compensation from my military service. My wife earns over $6,000 dollars monthly from the daycare business($5,000 after taxes). I can and will be able to pay off this loan. Monthly expenses: $ 5,104 Housing: $ 3,127 Insurance: $ 118 Car expenses: $ 579 Utilities: $ 330 Phone, cable, internet: $ 250 Food, entertainment: $ 350 Clothing, household expenses $ 200 Credit cards and other loans: $ 150 Other expenses: $ 0 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 229032 | CONSOLIDATE DAY CARE BUSINESS DEBT | AA | $20,000 @ 13% | Nov 09, 2007 | Expired |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|