DEBT CONSOLIDATION
| Listing Information | |||
|---|---|---|---|
| Amount: | $20,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 27% |
| Lender Rate: | 19% | Borrower: | Lauren72 |
| Finished | State: | IL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-12-27 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Dec 27, 2007 | Current |
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Purpose of loan: This loan will be used to eliminate high interest credit card debt. My financial situation: I'm a corporate manager who was downsized in 2004 after 15 years of dedicated service with a major corporation. Given my performance track record, I never thought it would happen. Unfortunately, given my anemic network, it took nearly two years to find gainful employment. During my transition period, I liquidated my investment and retirement accounts to cover general living expenses, post COBRA medical expenses and fund my job search. I am a good candidate for this loan because of my candidate profile: good credit and excellent cash flow, stable employment, and no collections or judgments. Monthly net income: $ 12,500 Monthly expenses: $ Housing: $2,500 Insurance: $150 Car expenses: $600 Utilities: $90 Phone, cable, internet: $100 Food, entertainment: $400 Credit cards and other loans: $250 Other expenses: $135 |
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