Consolidate revolving debt
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 28% |
| Lender Rate: | 13% | Borrower: | whitsend |
| Finished | State: | LA | |
| Funded: | 100% | Group: | PsychDoc's Group |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2006-07-19 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Jul 20, 2006 | Current |
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I hav 2 revolving accounts that I want to consolidate and lower the interest. The loans were used to expand my part-time vending business. I currently use all the profits from my vending business to grow my business and pay off these two debts. My personal bills are all paid from mine and my wifes full time job. I am currently paying $400 per month on the two accounts combined and will now use this money to pay this debt. MY BUSINESS: In July 2004 I bought my first fullsize snack machine to put I a small local hospital. I now have 3 fullsize snack machines, 1 soda machine, and 1 combo machine on location. I also have 2 snack machines that I am trying to place now. Total sales from these machines is $600 - $800 per week. DEBTS TO BE CONSOLIDATED: Chase CC $5200 17% GE LOC $4800 20% Thanks for your support. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 243123 | Consolidate revolving debt on established business | C | $15,000 @ 10% | Dec 03, 2007 | Withdrawn |
| 313779 | Business Debt Consolidation | B | $15,000 @ 21% | Apr 25, 2008 | Expired |
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