Consolodation of Debt

| Listing Information | |||
|---|---|---|---|
| Amount: | $12,500.00 | Status: | Loan created |
| Grade: | A | DTI: | 15% |
| Lender Rate: | 13% | Borrower: | MatthewMB |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2008-01-23 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| Jan 21, 2008 | Current |
| Jun 10, 2008 | Payoff in progress |
| Jun 11, 2008 | Paid |
|
Purpose of loan: This loan will be used to consolidate credit card debt and extend the pay back time. During the last 2 years I have been involved as a caregiver for my father who passed away last September. During the time I had to care for him I spent a great deal of money traveling back and forth to his home and thus began the spending on my Credit Cards. When he passed I found that I also was battling with a chronic illness. Again I used my cards to carry me through. Though I have been able to maintain all my payments I would certainly like to reduce the monthly output by consolidating my debt into one payment. At times everyone needs a break, this is my time. My financial situation: I am a good candidate for this loan because of my reliable background. A long work history and good credit rating show that I am always concerned that bills be paid on time. Over the last 30 years I have always made it a practice to pay more than the monthly payment due and to pay down the debt much sooner than expected. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 257858 | Consolodation of Debt | A | $12,500 @ 9% | Dec 31, 2007 | Expired |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|


