Cancel my high rate card
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|Loan Status:||Paid||Origination Date:||2008-03-13||EricsCC ROI:||6%|
|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|410784||My personal loan||AA||$2,000 @ 7%||Oct 09, 2008||Withdrawn|
|415720||Paying off my credit cards||AA||$5,000 @ 10%||Oct 08, 2009||Withdrawn|