Pay for Car & Help My Kids in College

| Listing Information | |||
|---|---|---|---|
| Amount: | $18,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 36% |
| Lender Rate: | 15% | Borrower: | proudmomoffour |
| Finished | State: | MI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-02-01 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Feb 03, 2008 | Current |
|
Purpose of loan: With your help I can finally help my husband and my kids in a meaningful financial capacity. They do so much for me, now I want to help all of them. With this loan I will pay off our car loan (which is at a high interest rate), help my three college students in various ways, and finish paying off our credit cards. Our monthly payments will not only be reduced, but everything will be paid in 36 months. My financial situation: I've always been the careful money-manager in the family, while working with my kids to show them responsible money-management. My husband is the hard worker in the family with the big dreams. He works long hours to achieve his dreams and I work hard to keep our finances in good shape. My credit is good, our income is more than adequate, and we look forward to paying you interest on a very safe loan. We win, you win. Thank you for your interest and your help. Monthly net income: $3200 for me and $3500 for my husband, who has been in this with me through thick and thin! Total monthly income: $6700 Monthly expenses: Housing: $ 1400 Insurance: $ 85 Car expenses & loan: $ 650 Utilities: $ 275 Phone, cable, internet: $ 125 Food, entertainment: $ 200 Clothing, household expenses $ 320 Credit cards and other loans: $ 120 Other expenses: $ 400 Total monthy expenese: $3575 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 266672 | Pay for Car & Help My Kids in College | AA | $22,000 @ 15% | Jan 16, 2008 | Withdrawn |
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