Cancel my high rate card

| Listing Information | |||
|---|---|---|---|
| Amount: | $1,500.00 | Status: | Loan created |
| Grade: | AA | DTI: | 10% |
| Lender Rate: | 6% | Borrower: | Carnth |
| Finished | State: | LA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2008-03-13 | EricsCC ROI: | 6% |
| Status History | |
|---|---|
| Mar 13, 2008 | Current |
| May 31, 2009 | Payoff in progress |
| Jun 04, 2009 | Paid |
|
Purpose of loan: This loan will be used to? Pay off a card that decided to hike it's interest rate. I called the credit card company asking to lower the rate to a more reasonable level, but they refused. I have no idea why the one credit card decided to raise it's rate, but I am going to pay it off with this loan. My financial situation: I am a good candidate for this loan because? I have a good stable job and I am a responsible family man. I have a excellent credit rating, no late payments... ever. I will be using the money that went to the high-rate card to pay for this loan, so there will be no additional financial burden for me. Plus, with the lower rate, I plan on paying off this loan in less than 2 years. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 410784 | My personal loan | AA | $2,000 @ 7% | Oct 09, 2008 | Withdrawn |
| 415720 | Paying off my credit cards | AA | $5,000 @ 10% | Oct 08, 2009 | Withdrawn |
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