Pay off high interest credit card
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 43% |
| Lender Rate: | 12% | Borrower: | IvyCannon |
| Finished | State: | MD | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-05-16 | EricsCC ROI: | 11% |
| Status History | |
|---|---|
| May 24, 2008 | Current |
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Purpose of loan: This loan will be used to pay off a high interest credit card. My financial situation: I am a good candidate for this loan because I pay my bills on time, I have a stable management job with the government (earning $68,000/year, and my wife is attorney with the government making $115,000/year. We adopted our nephew a few years back and had to incur some debt. We have been paying it back, but it is hard with such a high interest rate (over 20%). This loan would help to lower the interest rate and get out of debt more quickly. Thanks in advance for your loan. |
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