Paying off my credit cards
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 12% |
| Lender Rate: | 7% | Borrower: | kjjrj |
| Finished | State: | VA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-07-25 | EricsCC ROI: | 6% |
| Status History | |
|---|---|
| Jul 25, 2008 | Current |
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Purpose of loan: This loan will be used to pay off credit cards. My credit card debt is too high, and I feel I will have a hard time building a personal nest egg until I can take care of the interest on my credit cards. I am usually responsible about my finances, but I recently had two major life events, a wedding and buying my first house. To compensate, I would like to pay off my cards at a lower rate, get out of my debt sooner, and start building my personal investments sooner. My financial situation: I am a good candidate for this loan because my repayment history is secure, and I consistently pay off bills and various debt well on time. |
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