Cancel my high rate card
Homeownership Verified

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Listing Information
Amount: $1,500.00 Status: Loan created
Grade: AA DTI: 10%
Lender Rate: 6% Borrower: Carnth
Time Left: 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410784 My personal loan AA $2,000 @ 7% Oct 09, 2008 Withdrawn
415720 Paying off my credit cards AA $5,000 @ 10% Oct 08, 2009 Withdrawn

 

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