Tuition for my Sons

| Listing Information | |||
|---|---|---|---|
| Amount: | $24,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 13% |
| Lender Rate: | 10% | Borrower: | billdog |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Default | Origination Date: | 2008-01-09 | EricsCC ROI: | -51% |
| Status History | |
|---|---|
| Jan 09, 2008 | Current |
| Sep 24, 2008 | Late |
| Oct 10, 2008 | 1 month late |
| Nov 10, 2008 | 2 months late |
| Dec 11, 2008 | 3 months late |
| Jan 10, 2009 | 4+ months late |
| Jan 11, 2009 | Default |
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Purpose of loan: This loan will be used to help pay private school tuition for 2 of my sons who have some learning differences. As a general contractor, 2007 was a very slow year. Cash is very tight right now, but we expect business to pick up this year. My financial situation: I am a good candidate for this loan because I have excellent credit and strong earning history. I would like to repay the loan over 4 years with equal monthly installment payments debited from my checking account. |
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