Consolidating and lowering my high interest rate credit card
| Listing Information |
| Amount: | $18,000.00 |
Status: | Loan created |
| Grade: | A |
DTI: | 16% |
| Lender Rate: | 12% |
Borrower: |
rokoroo
|
| Time Left: | Finished |
State: | CA |
| Funded: | 100% |
Group: |
(No Group) |
| Loan Information |
| Loan Status:
| Paid |
Origination Date:
| 2007-12-28 |
EricsCC ROI:
| 11% |
| Status History |
| Dec 28, 2007 |
Current |
| Sep 29, 2008 |
Payoff in progress |
| Oct 03, 2008 |
Paid |
My credit has been good for years, I have a stable job in software
development in the ,
I?ve owned my own home for the past 10 years and never been late on payments,
and I?ve completely paid off my car. Yet, out of the blue I got a letter
yesterday from Chase bank saying they want to raise my rate! Since my credit
rating has only gone up in the last 2 years, I have to assume that this credit
card company, like others, has made some bad sub-prime mortgage investments,
and are now looking for me to cover their mistakes by raising my rate without
explanation.
I would have no problem paying off this debt, I just find their new rate
insulting, and would like to decline their ?kind offer? by looking to more
prudent investors such as the people at Prosper instead. |
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