Consolidating Credit Cards
| Listing Information | |||
|---|---|---|---|
| Amount: | $6,500.00 | Status: | Loan created |
| Grade: | A | DTI: | 10% |
| Lender Rate: | 10% | Borrower: | jayco413 |
| Finished | State: | NY | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-07-28 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Jul 26, 2008 | Current |
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Purpose of loan: This loan will be used to consolidate high interest credit cards into a single loan. The remaining will be used to pay for part of a new car. My financial situation: I am a good candidate for this loan because I manage my money very well. I have no monthly housing expenses and am able to put away almost everything I earn because I still live at home. I make $2400 a month after taxes and probably save about $1500 to $1800 of it. I just don't buy anything really. I have very little gas and car expenses because I live a half mile from where I work, I am just sick of looking at the dents and scratches on my old car and it is getting on in age. I will more than likely buy a Saturn Aura with the money from this loan plus money from my own savings. The inquiries on my account are because I opened up two 0% interest credit cards, hoping to transfer some balances to them, but the credit limits they gave me on them were just simply too low. |
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