Credit Card payoff

| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 18% |
| Lender Rate: | 8% | Borrower: | drenalin |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2008-08-21 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Aug 21, 2008 | Current |
| Sep 02, 2010 | Payoff in progress |
| Sep 14, 2010 | Paid |
|
Purpose of loan: Debt Consolidation. This is going to replace a credit card balance that is currently 13.99%. My financial situation: I have been employed regularly since 1999 and have a clean credit record. My wife and I pride ourselves on paying bills on time and keeping up with our finances. Our other prosper loan was for a kitchen renovation. That project is finished but we put some of the expenses we ran over on credit card. Working on getting that balance into a more set payment so we can pay it off more quickly. Monthly net income: $ 6500 Monthly expenses: $ Housing: $ 2550 Insurance: $ 300 Car expenses: $ 200 (gas and maintenance, car is fully owned) Utilities: $ 120 (gas/electric/water/garbage - we have solar panels) Phone, cable, internet: $ 130 Food, entertainment: $ 600 Clothing, household expenses $ 150 Credit cards and other loans: $ cc#1 1.9% - $100 cc#2 1.9% - $100 prosper#1 - $706 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 139715 | Kitchen renovation | AA | $22,000 @ 10% | May 18, 2007 | Loan created |
| 427588 | Debt consolidation | AA | $16,000 @ 8% | Jun 22, 2010 | Expired |
| 472102 | Debt Consolidation | AA | $15,250 @ 8% | Aug 18, 2010 | Loan created |
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