Paying off high rate credit cards
| Listing Information | |||
|---|---|---|---|
| Amount: | $24,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 23% |
| Lender Rate: | 15% | Borrower: | revcraig |
| Finished | State: | PA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-05-06 | EricsCC ROI: | 14% |
| Status History | |
|---|---|
| May 06, 2008 | Current |
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Purpose of loan: This loan will be used to pay off high interest debt, primarily incurred during seminary and my first 5 years in ministry. We were in small churches in rural Kansas and my wife had difficulty finding work. My financial situation: I am a good candidate for this loan because I have excellent credit, have always worked (except while in Seminary), and am highly incentivized to get these debts paid soon so that we can save for retirement in 15 years. |
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