Paying off my credit cards
| Listing Information | |||
|---|---|---|---|
| Amount: | $20,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 55% |
| Lender Rate: | 17% | Borrower: | Grand05style |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-11 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Aug 09, 2008 | Current |
|
Purpose of loan: This loan will be used to? consolidate my high interest credit cards, two of them. My financial situation: I am a good candidate for this loan because? I have a full time job and a goal to be out of debt in as few years as possible. Then I will close one of those accounts and lower the credit line on the other. I will lower the credit line because it is a card that my mother uses to order her prescriptions, for which she pays directly to the account. I am a homeowner and working toward having the house as my only payment. I make more than the monthly payment on my home mortgage, and am paying down my credit cards as quickly as I can, by paying off the lowest balance then turning that payment to the next lowest. I will systematically close these accounts as they get paid off. My goal is to have only one credit card in cases of emergency. |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|