DAUGHTER'S WEDDING EXPENSES
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 19% |
| Lender Rate: | 16% | Borrower: | DAWGS48 |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-06-03 | EricsCC ROI: | 15% |
| Status History | |
|---|---|
| Jun 05, 2008 | Current |
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Purpose of loan: This loan will be used to pay for the remainder of my daughter's wedding expenses. My financial situation: I am a good candidate for this loan because, although my current credit score is only fair as a result of some issues occuring almost seven years ago, my income is strong, stable, and will continue to grow. I am an executive officer at a commercial bank and have only in recent years begun to realize the income benefits of years of hard work. A review of my credit handling over the last five to six years will reveal an excellent payment history. I am currently caring for an aging Mother which is putting some strain on our financial condition, but I am about to get one of my children out on her own which will relieve much of the strain. For years my wife and I worked hard to provide a life style for our children that we thought they deserved even though at times we could not afford it. I am now at the peak of my earning years and I have most of my assets tied up in the stock of the bank that I started eight years ago. It is my intention to sell some of the stock I own in the near future to reduce my debt load and improve my cash flow position. In the meantime, I need to borrow this money to pay for the wedding. I will be more than happy to pay back the loan on any number of different payment arrangements that are suitable to a lender. My wife and I are of very strong character and well respected in our community. Thank you fo your consideration. |
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