p2p lending at lending club
Want to Pay Off Some Credit Cards and Have One Payment
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Listing Information
Amount: $7,500.00 Status: Expired
Grade: D DTI: 32%
Lender Rate: 35% Borrower: mamahoney
Time Left: Finished State: VA
Funded: 21% Group: Large Money Loans for AA,A,B,C & D Credits
Purpose of loan:
This loan will be used to? pay off some credit cards, have one paymenr with a better rate than what I have now with these cards.

My financial situation:
I am a good candidate for this loan because? I have a steady job, get overtime as well.  I have no delinquencies or judgements against me.  I just want to pay off these credit cards that have a high interest rate of 29.9%.  By paying off these cards I hope to get a better credit score because the reason why my score is lower is because of my high debt ratio.  Since I pay a high payment for these cards anyway, I will not have a problem with this loan because I will have only one payment and hopefully a better interst rate.
Here are the cards I want to pay off
Wells Fargo-$3,000
Bank of America-$2,600
Capital One-$1,600-this is the only card I have with a yearly fee, so I really want to get rid of this card
Please consider this listing and give me a chance.  I won't let the lenders down.  By the way, since I have been attempting to get a loan funded, my debt ratio has gone from 40% to 32%.
Borrower's Other Listings
343736 Need to pay off some credit cards C $15,000 @ 35% Jun 05, 2008 Expired
349658 Need 15,000 to pay off credit cards C $15,000 @ 35% Jun 12, 2008 Expired
355257 Need 15,000 to pay off credit cards C $15,000 @ 35% Jun 22, 2008 Expired
360061 Need 15,000-Will Repay in about 30 days C $15,000 @ 35% Jun 30, 2008 Expired
365179 NEED $15,000 WILL REPAY WITHIN 1 YEAR D $15,000 @ 35% Jul 10, 2008 Expired
379935 Want to Pay Off Some Credit Cards and Have One Payment D $5,000 @ 28% Aug 13, 2008 Loan created

 

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