Paying off my credit cards
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 24% |
| Lender Rate: | 14% | Borrower: | myburningbush |
| Finished | State: | MI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-01-18 | EricsCC ROI: | 11% |
| Status History | |
|---|---|
| Jan 18, 2008 | Current |
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Purpose of loan: This loan will be used to pay of high interest rates. This is my second time listing. On the first listing, several people asked why I had 2 DQs on my report. I asked what DQ meant. I assumed it meant deliquencies, however, I am an analyst and its in my nature to validate, verify, and check for accuracy. Each industry has its own jargon. I thank all those who responded. The deliquencies are due to me being out of work for six months about four years ago. My wife had lost her job about a year earlier. We are doing alright now, but back then we had to use our credit cards just to stay above water. My financial situation: I am a good candidate for this loan because I pay my bills. My credit cards got out of hand about four years ago. I will used this loan to pay off the high interest rates. Monthly net income: $ 5,000 Monthly expenses: $ Housing: $ 1,352 Insurance: $ 210 Car expenses: $ 420 Utilities: $ 175 Phone, cable, internet: $ 75 Food, entertainment: $ 300 Clothing, household expenses $ 200 Credit cards and other loans: $ 600 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 256634 | Paying off my credit cards | B | $10,000 @ 15% | Dec 27, 2007 | Expired |
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