One Step Forward and Two Back - Payoff High Interest Cards

| Listing Information | |||
|---|---|---|---|
| Amount: | $8,750.00 | Status: | Loan created |
| Grade: | B | DTI: | 34% |
| Lender Rate: | 13% | Borrower: | kimnjim |
| Finished | State: | MI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-12-11 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Dec 11, 2007 | Current |
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Purpose of loan: Pay off some credit cards that have interest rates in the 20's (Dell, Home Depot) My financial situation: I make sure my bills are always paid, and on time. I'm just trying to get out of this trend that never lets me get ahead. Monthly net income: $ 4186.00 Monthly expenses: $ 3275.00 Housing: $ 870 Insurance: $ 210 Car expenses: $ 80 Utilities: $ 150 Phone, cable, internet: $ 65 Food, entertainment: $ 750 Clothing, household expenses $ 150 Credit cards and other loans: $ 900 Other expenses: $ 100 |
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