Pay off my outrageously high interest rate "Lowes" card

| Listing Information | |||
|---|---|---|---|
| Amount: | $3,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 24% |
| Lender Rate: | 8% | Borrower: | crash63 |
| Finished | State: | MN | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-05-13 | EricsCC ROI: | 7% |
| Status History | |
|---|---|
| May 24, 2008 | Current |
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Purpose of loan: This loan will be used to? pay off a credit card my wife attained while I was deployed to Iraq in 2005 so that she could fix the house up while I was gone. Problem is the card has a 21% interest rate and even kicking in an extra 10 bucks isn't bringing it down fast enough. This is sort of a test of this system. If it works out, then I may try again and with any luck, I may be a borrower one day soon! My financial situation: I am a good candidate for this loan because? I am late on no bills.. and I can work all the overtime I want in my job! Rest assured, this is a simple 'you scratch my back & I'll scratch yours' transaction. I'd rather pay a fair interest rate to a hard working individual/s, than an unreasonable company. |
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