Paying off my credit cards

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Listing Information
Amount: $5,500.00 Status: Loan created
Grade: B DTI: 40%
Lender Rate: 14% Borrower: sardarji
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-08-07 EricsCC ROI: 13%
Status History
Aug 06, 2008 Current
Purpose of loan:
This loan will be used to pay off my high interest credit card debt.

My financial situation:
I am a good candidate for this loan because I have a steady full time job.  I have never defaulted on a loan and have very good credit.  I am trying to cut down the amount of interest that I pay each month. 

Monthly net income: $ 2400

Monthly expenses: $
  Housing: $ 400
  Insurance: $ 100
  Car expenses: $ 100
  Utilities: $ 80
  Phone, cable, internet: $ 100
  Food, entertainment: $ 300
  Clothing, household expenses $ 100
  Credit cards and other loans: $ 700
  Other expenses: $ 300
Borrower's Other Listings
355424 Paying off my credit cards B $6,000 @ 20% Jun 22, 2008 Withdrawn

 

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