Need to payoff high interest credit line

| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 16% |
| Lender Rate: | 18% | Borrower: | Spotdog |
| Finished | State: | MI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2008-02-20 | EricsCC ROI: | -50% |
| Status History | |
|---|---|
| Feb 17, 2008 | Current |
| Aug 04, 2008 | Late |
| Aug 21, 2008 | 1 month late |
| Sep 21, 2008 | 2 months late |
| Oct 21, 2008 | 3 months late |
| Nov 21, 2008 | 4+ months late |
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Purpose of loan: This loan will be used to pay off a high interest line of credit. My financial situation: My current situation is stable, I work for a fortune 500 company in the IT field, but would like to relieve myself of some burdens from the past. I will use this loan to payoff a high interest line of credit and close it. I have about $1200 disposable income in my budget, and after the loan the net affect will leave me with $1000 disposable income. I am also currently a lender on Prosper and that will also help to offset the cost of this loan. Thanks for considering my loan request. |
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