To purchase a car for my daughter and consolidate
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 23% |
| Lender Rate: | 13% | Borrower: | herfarm |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-12-20 | EricsCC ROI: | 11% |
| Status History | |
|---|---|
| Dec 19, 2007 | Current |
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Purpose of loan: This loan will be used to? Purchase a dependable car for my daughter, she will be going to college out of state and I want her to be safe. A personal loan is the only way I can buy a used car from an individual. I qualified for a car loan today, but I would have to go through a car dealer and the car would have to be under so many miles. That can be hard when you are trying to stay under $4500.00 I would also like to pay off my son's car. It is a personal loan and the rate is very high. I have a truck that needs some work, and putting money into that would be a lot better then buying and pay off a credit card. My financial situation: I am a good candidate for this loan because? I am employed and have always worked full time.(I am a Master Tile Installer, had my own business for 20 years)I have a wife who is employed full time. I am a home owner and have lived at the same address for over 10 years. I have a son in the Air Force, a daughter starting college next fall, luckily she got a softball scholarship, and another son who is 11. My wife and I would just like to get this loan and take care of our kids and save some money on interest. We are not going anywhere. I have decent credit and have no intention of jeopardizing that. We pay our bills on time every month, and always more then the minumum. I would like to get this loan and pay it over 48 - 60 month period. We can affor to pay $400 or $500 each month, with an option to pay off early with no penalty. |
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