Eliminate 2 high interest credit cards
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 34% |
| Lender Rate: | 19% | Borrower: | mircea |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-07-24 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| Jul 24, 2008 | Current |
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Purpose of loan: This loan will be used to eliminate 2 credit cards/(a big part of those so that the payments I make have more power to get closer to payoff. My financial situation: I am a good candidate for this loan because I can pay the monthly payment, I have been employed with same company for the last 11 years, and I have the income to support it. Additionally, on those 2 credit cards I pay between 28 and 30% interest, and I have never been delinquent, whcih means I do honor my commitments, but I would like to pay them off. Monthly net income: $ 9,500 in the household Monthly expenses: $ Housing: $ 2830 Insurance: $ 180 Car expenses: $ 660 Utilities: $ 200 Phone, cable, internet: $ 150 Food, entertainment: $ 2000 Clothing, household expenses $ 500 Credit cards and other loans: $ 2000 Other expenses: $ 0 |
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