Kids in college!

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Listing Information
Amount: $8,000.00 Status: Loan created
Grade: B DTI: 17%
Lender Rate: 14% Borrower: lauriel3833
Time Left: Finished State: WA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-08-11 EricsCC ROI: 12%
Status History
Aug 08, 2008 Current
Purpose of loan:
I have three daughters in college and, while I've been able to cover tuition pretty well there have been added (unforseen) expenses that I've used my credit cards to pay for. The interest rate on my cards is TOO HIGH, so I want to consolidate to a lower rate, which will help me get the balances paid off faster.

My financial situation:
I have steady employment as a banker. I've been with the same community development bank for the last 11 years. I'm very responsible and, as a single parent, raised three great daughters - all of whom are in college or trade school.

Monthly net income: $ 3,200

Monthly expenses: $
  Housing: $ 1050
  Insurance: $ 485
  Car expenses: $ 0 - paid for!
  Utilities: $ included in rent
  Phone, cable, internet: $ 200
  Food, entertainment: $ 300
  Clothing, household expenses $ 100
  Credit cards and other loans: $ 400 - this is the amount I'm trying to refinance
  Other expenses: $ 120
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