Paying off my credit cards

| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 33% |
| Lender Rate: | 20% | Borrower: | ohmeohmy |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-01-09 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| Jan 08, 2008 | Current |
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Purpose of loan: This loan will be used to pay off my credit card with the highest interest rate. My financial situation: I am a good candidate for this loan because I am at the point in my life where I am serious about getting out of debt. I've even been reading a lot of Suze Orman books! This loan will be the first step in following her debt reduction plan. Monthly net income: $ 8750 Monthly expenses: $ Housing: $ 3200 Insurance: $ 250 Car expenses: $ 270 Utilities: $ 40 Phone, cable, internet: $ 100 Food, entertainment: $ 800 Clothing, household expenses $ 200 Credit cards and other loans: $ 500 Other expenses: $ 350 (HOA) |
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