Want lower interest rate to pay debt off faster!
| Listing Information | |||
|---|---|---|---|
| Amount: | $6,000.00 | Status: | Expired |
| Grade: | B | DTI: | 49% |
| Lender Rate: | 10% | Borrower: | cbuckd |
| Finished | State: | LA | |
| Funded: | 0% | Group: | (No Group) |
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Hello! I have applied for this loan in order to pay off a credit card that has a high interest rate....19.99%. Although I have a high amount of debt, I AM NEVER LATE ON ANY PAYMENTS. As you can see from my current Prosper loan, I have the payments automatically deducted from my checking account and have never been late or postponed a payment. I just got a $10,000 per year raise so I will have more cashflow. If you add up the raise in pay with the payments I am currently making on the debt I will be paying off, I will easily be able to pay this new loan payment. Even though my state (Louisiana) has a low interest rate cap, it's not that low and you can still make a nice percentage on this low risk loan. :) Thank you for your consideration! :) |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 110628 | Paying off high interest credit cards | A | $5,000 @ 10% | Mar 13, 2007 | Withdrawn |
| 111620 | Paying off a couple of higher interest credit cards | A | $5,000 @ 10% | Mar 15, 2007 | Loan created |
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