Consolidate High Interest Credit Cards
| Listing Information |
| Amount: | $10,000.00 |
Status: | Loan created |
| Grade: | A |
DTI: | 25% |
| Lender Rate: | 11% |
Borrower: |
adv3nture
|
| Time Left: | Finished |
State: | VA |
| Funded: | 100% |
Group: |
(No Group) |
| Loan Information |
| Loan Status:
| Current |
Origination Date:
| 2008-07-29 |
EricsCC ROI:
| 10% |
| Status History |
| Jul 29, 2008 |
Current |
Purpose of loan:I intend on using this loan to payoff high interest credit cards. I would like to consolidate them into one payment at a lower interest rate. I have a good income, but unfortunately am unable to receive offers for credit cards with interest rates that make financial sense. I am consolidating credit cards with interest rates as high as 30% APR and have been making payments just fine at these interest rates so a lower interest rate will allow me to pay more towards the principal and payoff the total sum sooner.
I am fully capable of making the payments going forward.My financial situation:
I have a good paying stable job and have been with the same company for going on 8 years. I make a good salary and my primary debt is the credit cards I intend on consolidating with this loan. |
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