Paying off credit cards and orthodontist
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 25% |
| Lender Rate: | 18% | Borrower: | sonandem |
| Finished | State: | VA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-07-28 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Jul 26, 2008 | Current |
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Purpose of loan: This loan will be used to? pay off 3 credits cards, 1 american general finance loan (36%) and my daughter's orthodontist bill. Having them all at one - and hopefully at a lower, doable interest rate will assist me in becoming debt free in the next 4 years. Just purchased a new car with 125 miles on it. Interest rate of 12%. Daughter starting high school. I'm a single Mom. Wanting to be debt free by time she graduates. My financial situation: I am a good candidate for this loan because? on a professional level, I continue to work for stable companies and continue to receive merit-earned promotions. Bonuses not considered, I continue to be eligible for new roles and promotions every 2 years. As of 8-07-08 I am eligible for another advancement in salary. Monthly net income: $ 2500.00 plus $300.00 child support (will receive through 2012) Monthly expenses: $ Housing: $ 450 Insurance: $ 70 Car expenses: $700 Utilities: $ 150 Phone, cable, internet: $ 35 Food, entertainment: $ 300 Clothing, household expenses $100 Credit cards and other loans: $ 700 Other expenses: $ 75 |
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