Debt Elimination

| Listing Information | |||
|---|---|---|---|
| Amount: | $12,500.00 | Status: | Loan created |
| Grade: | C | DTI: | 25% |
| Lender Rate: | 21% | Borrower: | robroy |
| Finished | State: | AZ | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-12-14 | EricsCC ROI: | 20% |
| Status History | |
|---|---|
| Dec 14, 2007 | Current |
| Mar 20, 2008 | Payoff in progress |
| Mar 28, 2008 | Paid |
|
Purpose of loan: This loan will be used to pay off and eliminate my highest interest rate credit card debt. My financial situation: I have a stable job in a government agency, and have no car payment. I have no late payments, and feel a strong moral obligation to pay off all debt. I have good cash flow and after expenses still have over $900.00/mo. discretionary income. Monthly net income: $3400 Monthly expenses: $ Housing: $525 Insurance: $100 Car expenses: $0 Utilities: $200 Phone, cable, internet: $ 117 Food, entertainment: $ 250 Clothing, household expenses $ 125 Credit cards and other loans: HELOC - $250 Bank of Am. Visa - $315 (to be paid off and eliminated with Prosper loan) Mastercard - $200 AAA Visa - $115 Discover - $115 Other expenses: $ 100 TOTAL: $2412 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 301311 | Debt Elimination | B | $3,000 @ 10% | Mar 29, 2008 | Loan created |
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