We're on a mission to get out of debt!
| Listing Information | |||
|---|---|---|---|
| Amount: | $1,500.00 | Status: | Loan created |
| Grade: | C | DTI: | 11% |
| Lender Rate: | 15% | Borrower: | Wall_Street |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-02-20 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| Feb 20, 2008 | Current |
|
Purpose of loan: This loan will be used to consolidate high interest credit cards. In the fall of 2006 my Girlfriend was diagnosed with a Chiari Malformation (a serious brain disorder). Between December 2006 and September 2007 she required 3 major brain surgeries, putting her out of work for 6 to 8 weeks each time (without pay). This made a significant negative impact on our budget and caused us to get behind on some of our bills, which in turn has caused our interest rates to skyrocket. She has returned to work and has a clean bill of health now, and we?ve caught up on our bills. We would like to use this loan to pay off the high interest rate cards so that we can get out of debt, and start a family! My financial situation: I make $45/ hour as a Computer Programmer and Six Sigma Black Belt (full time) - $93,600 I also own my own Financial Planning firm that brings in about $22,000 in annual retainer fees (not including commissions) I am certified in the following disciplines, which I believe shows that I understand how to maintain a budget Accredited Asset Management Specialist Chartered Retirement Planning Counselor Certified College Planning Specialist Certified Six Sigma Black Belt My Girlfriend makes $45,000 as a Teacher. She pays for half of the Mortgage and Utilities (we jointly own the home) Monthly net income: $ My Computer Programming paycheck is $1,260 per week x 4 = $5,040 (after taxes, W-2 income) I get paid $5,280 quarterly on retainer fees which is $21,120 per year (1099 income) Monthly expenses: $ (total expense, not my half) Mortgage: $ 2031.77 Insurance (Home Owners) - $110 Insurance (Car) -$42 Car expenses: $ 519.27 Utilities: ~$200 Phone, cable, internet: $155 Food, entertainment: ~$300 Clothing, household expenses ~$100 Credit cards and other loans: $1,000 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 270013 | We're on a mission to get out of debt! | C | $15,000 @ 15% | Jan 24, 2008 | Withdrawn |
| 270680 | We're on a mission to get out of debt! | C | $15,000 @ 15% | Jan 24, 2008 | Withdrawn |
| 273767 | We're on a mission to get out of debt! | C | $7,000 @ 15% | Jan 30, 2008 | Expired |
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