Paying off high interest rate debt

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Listing Information
Amount: $9,000.00 Status: Loan created
Grade: A DTI: 32%
Lender Rate: 11% Borrower: ozz96
Time Left: Finished State: PA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-06-03 EricsCC ROI: 10%
Status History
Jun 05, 2008 Current
Purpose of loan:
To payoff the following debt:

Citi Financial       Payoff:  6500.00   Rate 25% 
Household   Payoff:  1674.54    Rate 14.75%


My financial situation:
I am hired full time at a job that pays well for this area $11.50/hr.  I get at least 40 hours a week there.  I am also working a part time job in the evenings that pays very well from 10-20 hours a week at $18/hr. 

Weekly net income: $ 512.40

Monthly expenses: $
  Housing: $ 600.00/mth
  Insurance: $ 0 covered by landlord
  Car expenses:  $133/mth        Will be paid off near years end. 
  Utilities: $ 25.00
  Phone, cable, internet: $ 70.00 
  Food, entertainment: $ 40.00
  Clothing, household expenses $ 40.00
  Credit cards and other loans: $ 400.00  THIS IS WHAT I AM TRYING TO CONSOLIDATE
  Other expenses: $ 0
Borrower's Other Listings
293429 Paying off high interest rate debt B $9,000 @ 5% Mar 14, 2008 Expired
304784 Paying off high interest rate debt B $9,000 @ 5% Apr 05, 2008 Expired
316026 Paying off high interest rate debt B $9,000 @ 12% Apr 24, 2008 Expired
331144 Paying off high interest rate debt B $9,000 @ 12% May 12, 2008 Expired

 

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