Pay Off Credit Cards

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 44% |
| Lender Rate: | 18% | Borrower: | 2kpools |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 1 month late | Origination Date: | 2007-11-29 | EricsCC ROI: | -32% |
| Status History | |
|---|---|
| Nov 29, 2007 | Current |
| Sep 13, 2008 | Late |
| Sep 26, 2008 | Current |
| Nov 15, 2008 | Late |
| Nov 30, 2008 | 1 month late |
|
Purpose of loan:
Is to Pay off all my credit cards. I can not get a business line of credit due to high credit card balances. I plan to pay all of them off. Once my Credit card score's hits above 700 again with 0 on my credit cards, I can get a large business line at a great rate. My financial situation: I make good money but credit cards with there high rates are hurting my income Monthly net income: $ 8000.00 Monthly expenses: $ Housing: $ 2000.00 Insurance: $ 200.00 Car expenses: $ 1500.00 Utilities: $ 300.00 Phone, cable, internet: $ 300.00 Food, entertainment: $ 500.00 Clothing, household expenses $ 200.00 Credit cards and other loans: $ 900.00 Other expenses: $ 200.00 |
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