Paying off credit cards
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 42% |
| Lender Rate: | 19% | Borrower: | resolute |
| Finished | State: | OR | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-03-04 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Mar 04, 2008 | Current |
| Dec 20, 2008 | Late |
| Jan 01, 2009 | Current |
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Purpose of loan:This loan will be used to consolidate existing debt at lower interest rate so that I can pay it off faster. My financial situation:I have a high-paying job with an excellent firm as a Project Manager. I've worked for this company on and off for over 18 years. A few years ago I left to start my own company, which was a big financial strain (hence the credit card debt). I sold the business and returned to my former company in July 2005. Now I long for those days before the credit card debt, but at the current rate of progress that will take a decade. I would really like some help in paying it off faster. Monthly net income: $6916/mo Monthly expenses: $ 4150 Housing: $ 1500 Insurance: $ 200 Car expenses: $ 300 Utilities: $ 120 Phone, cable, internet: $ 120 Food, entertainment: $ 310 Clothing, household expenses $ 100 Credit cards and other loans: $ 1500 (which I will be paying off with this loan) Other expenses: $ taxes |
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