US Air Force member needs a little help
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 59% |
| Lender Rate: | 15% | Borrower: | Wannagiveback71 |
| Finished | State: | ND | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-02-01 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| Jan 31, 2008 | Current |
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My First listing only got 31% funded, so I am going to have to do this a little at a time. My loan will be used to pay down 2 higher rate credit cards that carry a combined balance of $6,500 and a personal loan with a balance of $3,000. Your money is as safe as in a bank if you help fund my loan. The Military frowns on alot of consumer debt, especially if you are overdue on alot of bills. Look over my credit profile, my score isn't great, but I have only been late on one bill in the last 10 years, and that was just because I had totally forgot about it before leaving on a 4 month deployment. I am very persistant about paying my obligations on time. This loan will never default and never be late. I am eligible to retire in just over 2 years, I am considering doing more however, I really love what I do and it does offer a solid retirement check at the end, whenever i choose to retire. I have a wonderful wife and 3 great kids ages 3,4 and 7. My wife has a bachelors degree in Business administration and will go back to work once our youngest gets into first grade. Thanks for looking at my offer, below you can see my monthly breakdown of my finances. Monthly net income: $3,000 Monthly expenses: $2,625 Housing: None, I live in military housing on base Insurance: None, the military pays 100% health insurance Car expenses: 2 loans for $450/month, gas averages about $200/month Utilities: None, in military housing all utilities are paid for Phone, cable, internet: $125/month Food, entertainment: $400 for groceries, maybe $75/month average to take the kids out somewhere Clothing, household expenses $50/month for kids cloths Credit cards and other loans: $900 all credit cards and loans together Other expenses: $125 for my oldest daughters gymnastics Student Loans for my wife: $300 With this loan I will pay off two credit cards with a combined balance of $6,500 and a personal loan with a balance of $3,000. My minimum monthly payments on those 3 bills now is $400/month. The monthly payment on this loan will be slightly lower than that, but because it is an installment loan, I will save a ton of money on interest. Thanks for Looking and Have a Great Day! |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 264219 | Consolidating and Paying off my Credit Cards | B | $19,000 @ 14% | Jan 12, 2008 | Expired |
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