Getting rid of the ridiculous interest!
| Listing Information | |||
|---|---|---|---|
| Amount: | $17,500.00 | Status: | Loan created |
| Grade: | A | DTI: | 40% |
| Lender Rate: | 18% | Borrower: | bubbasmomma |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-05-15 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| May 24, 2008 | Current |
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Purpose of loan: This loan will be used to?pay off credit cards that have the the interest rates jacked up to unreasonable levels. The credit card companies are getting rich and have you in a situation that seems impossible to get out of. ( Some in excess of 30% event though there have been no late payments.) This loan will pay off my four highest cards, charging btwn 26-33% interest and leave me with enough income to hit my other cards hard. A Prosper loan will get me out of debt faster and with the money going to good people doing good things for others instead of credit card companies. My financial situation: I am a good candidate for this loan because?I am not behind in any of my payments and consolidations will make it easier to pay off my debt. I am committed to getting out of debt quickly and not incurring any more debt. I plan on paying this loan off quickly and look to Prosper to finish consolidating the rest of my debt. I have been employed for 11+ years, am a homeowner and have no delinquent accounts. Proper lenders.....this will be a no risk loan, I will be a model borrower! |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 322185 | paying off credit cards | A | $20,000 @ 18% | Apr 30, 2008 | Expired |
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