Debt Free and Worry Free
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,650.00 | Status: | Loan created |
| Grade: | A | DTI: | 34% |
| Lender Rate: | 12% | Borrower: | lpn03 |
| Finished | State: | TN | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-07-07 | EricsCC ROI: | 11% |
| Status History | |
|---|---|
| Jul 09, 2008 | Current |
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Purpose of loan: This loan will be used to? pay off 2 credit card bills with high interest rates & get out of debt and stay out of debt. My financial situation: I am a good candidate for this loan because? I'm committed to becoming debt free so that I can become a homeowner again. After 2 divorces, my financial situation has worsen with each divorce. However, I am a responsible person and committed to a debt free plan which I hope will set a good example for my children ( 2 boys) who still reside with me. I have closed both credit card accounts & have not made any credit card charges in the past 2 years. I only use my debit card for purchases, and if I can't afford a purchase I don't buy it. I do have 3 other accounts open, but all 3 have 0% interest if paid within a certain time frame. I will have 2 of them paid off by October 2008. I maintain life, automobile, and renters insurance as well as medical, vision & dental insurance. I recently enrolled in my employer's 401K program & I have $50 per paycheck going into a savings account. |
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