Paying off credit cards and finishing home improvements

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 34% |
| Lender Rate: | 14% | Borrower: | ffjoe |
| Finished | State: | MI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-02-26 | EricsCC ROI: | 11% |
| Status History | |
|---|---|
| Mar 01, 2008 | Current |
|
Purpose of loan: This loan will be used to?To pay off high interest credit cards and to finish off my basement. My financial situation: I am a good candidate for this loan because? I qualified for a equity loan but with the housing crunch here in Michigan I did not want to pull money out of my home Monthly net income: $ 7,000 Monthly expenses: $ Housing: $ 1541 Insurance: $ 212 Car expenses: $ 600 Utilities: $ 175 Phone, cable, internet: $ 125 Food, entertainment: $ 300 Clothing, household expenses $ 200 Credit cards and other loans: $ 500 Other expenses: $ 100 |
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