Paying off credit cards with good job
| Listing Information | |||
|---|---|---|---|
| Amount: | $12,500.00 | Status: | Loan created |
| Grade: | B | DTI: | 34% |
| Lender Rate: | 16% | Borrower: | thecomputerguy01 |
| Finished | State: | WA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-12-13 | EricsCC ROI: | 15% |
| Status History | |
|---|---|
| Dec 13, 2007 | Current |
| Sep 06, 2008 | Payoff in progress |
| Sep 13, 2008 | Paid |
|
Purpose of loan: With me being physically disabled, my wife & I have been supporting ourselves and our 2 children through Social Security, annuities, and (you guessed it) credit cards for the last couple years. I now have a computer consulting business which is going very well, so we are wanting to pay off our debt and save up for a nice house to get out from under her mother who owns our current home. My financial situation: I now have a computer consulting business which is going very well and my wife now has a part-time job, so extra money is coming in. Also, around $800 of this will be held in savings as a reserve. Monthly net income: $ 4200 Monthly expenses: $ 3525 Housing: $ 750 Insurance: $ 250 Car expenses: $ 450 (gas) Utilities: $ 250 Phone, cable, internet: $ 175 Food, entertainment: $ 600 Clothing, household expenses $ 150 Credit cards and other loans: $ 600 paid off with loan) Other expenses: $ 300 (student loans) |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|