Transferring a balance

| Listing Information | |||
|---|---|---|---|
| Amount: | $8,500.00 | Status: | Loan created |
| Grade: | D | DTI: | 16% |
| Lender Rate: | 22% | Borrower: | valentinocal |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-12-18 | EricsCC ROI: | 18% |
| Status History | |
|---|---|
| Dec 19, 2007 | Current |
|
Purpose of loan: (I have a loan secured by my automobile, which had been fully paid for. It is a 1999 Volvo station wagon and has over 160,000 miles. I would like to purchase a new car, but I need the pink slip to do this. I would like to transfer the balance of the secured loan to an unsecured loan so I can get my pink slip back) My financial situation: I have been working steadily for over 50 years. I have lived in the same home for over 28 years. I have even been with the same bank for over 30 years (albeit the bank has transfered ownership several times). Basically, I am trying to show I am a steady reliable person who you can always reach. I am employed full time and have been with the same company for over 11 years. Plus, I receive social security and a pension. Monthly net income: $ 8,153 Monthly expenses: $ Housing: $ 1,261 Insurance: $ 353 Car expenses: $ 400 Utilities: $ 350 Phone, cable, internet: $ 150 Food, entertainment: $ 1,000 Clothing, household expenses $ 600 Credit cards and other loans: $ 1,125 Other expenses: $ 300 |
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