Debt Elimination

| Listing Information | |||
|---|---|---|---|
| Amount: | $3,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 21% |
| Lender Rate: | 10% | Borrower: | robroy |
| Finished | State: | AZ | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-04-09 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Apr 09, 2008 | Current |
|
Purpose of loan: This loan is the second phase of my debt elimination plan and will be used to pay off and eliminate my highest interest rate credit card - the Bank of America AAA VISA. My financial situation: I have a stable job in a government agency, and have no car payment. I have no late payments, and feel a strong moral obligation to pay off all debt. I have good cash flow and after expenses still have over $900.00/mo. discretionary income. Monthly net income: $3500 Monthly expenses: $ Housing: $525 Car Insurance: $100 Car Payment: $0 Gasoline: $50 Utilities: $200 Phone, cable, internet: $ 127 Food, entertainment: $ 250 Clothing, household expenses $ 125 Credit cards and other loans: HELOC - $250 Mastercard - $200 ZOPA (consolidation loan) - $371 Discover Card - $135 AAA VISA - $116 Other expenses: $ 100 TOTAL: $2549 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 242170 | Debt Elimination | C | $12,500 @ 21% | Dec 02, 2007 | Loan created |
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