Paying off my credit cards
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 24% |
| Lender Rate: | 9% | Borrower: | almondjoy33 |
| Finished | State: | TX | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-06-09 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Jun 10, 2008 | Current |
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Purpose of loan: This loan will be used to pay off credit cards. I am tired of making high payments every month without decreasing my principle balance due to high interest rates. I will be paying down three credit cards with varying interest rates. The credit card companies are changing there rates whenever they feel like it. I would like to end this cycle with this fixed rate loan. My financial situation: I am a good candidate for this loan because I make payments on time and have an excellent credit score. This loan is low risk because I am already able to make ridiculous payments to credit card companies, now I can give the money to all of you. |
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