Say goodbye to bait & switch credit card
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 28% |
| Lender Rate: | 14% | Borrower: | flyboy2001 |
| Finished | State: | CO | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-22 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Aug 22, 2008 | Current |
Purpose of loan:The proceeds of this loan will pay off a credit card whose introductory rate went up and whose monthly billing date is all over the calendar. I just finished reading Debt cures 'they' don't want you to know about by Kevin Trudeau, and I believe it's much more effective to pay down a traditional loan such as I would obtain here on Prosper than it is to pay rapacious interest to the credit card issuers. The tactics revealed in the book which credit card companies use are nothing short of evil, and I'm the latest victim of those tactics. Help me wield some justice; I'd much rather pay individuals than a greedy corporation! My financial situation:My credit is stellar, so there's little to worry about regarding repayment. Monthly expenses: $ Housing: $680 Insurance: $170 Gas expenses: $200 -- auto owned free and clear Utilities: $100 Phone, cable, internet: $100 Food, entertainment: $300 Clothing, household expenses $10 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 175950 | Working Capital and REIT Investment Funds | AA | $4,000 @ 9% | Jul 25, 2007 | Withdrawn |
| 176484 | Working Capital and REIT Investment Funds | AA | $4,000 @ 10% | Jul 26, 2007 | Loan created |
| 367979 | Consolidate credit card debt & lower interest | A | $22,000 @ 12% | Jul 15, 2008 | Expired |
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