Paying off credit card debt

| Listing Information | |||
|---|---|---|---|
| Amount: | $17,212.00 | Status: | Loan created |
| Grade: | B | DTI: | 19% |
| Lender Rate: | 14% | Borrower: | maddie10 |
| Finished | State: | WI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-02-13 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| Feb 13, 2008 | Current |
|
Purpose of loan: This loan will be used to? pay off high interest credit cards. My financial situation: I am a good candidate for this loan because? we have always paid our bills on time. My business is currently expanding very nicely. I had a 37.8% increase in 2007 and expect 2008 to equal or exceed that increase. I had a major health situation in 1998, a bacterial infection that destoryed two heart valves.Happy to say that I have recovered from that both from a health issue and a financial issue. 2003 my wife had ovarian cancer. Again, good news, she has been cancer free since then, however it took a toll on us financially again. We are now recovering and this loan will help speed up the process. Monthly net income: $ 10,000 - 12,000 Monthly expenses: $ Housing: $ 1500 Insurance: $ 123 Car expenses: $450-500 Utilities: $ 250 Phone, cable,internet: $ 150 Food, entertainment: $ 400-500 Clothing, household expenses $ 100 Credit cards and other loans: $ 1600 Other expenses: $ 100 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 254739 | Paying off credit card debt | B | $25,000 @ 16% | Dec 22, 2007 | Expired |
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