Saving us money, makes you money!
| Listing Information | |||
|---|---|---|---|
| Amount: | $4,000.00 | Status: | Loan created |
| Grade: | D | DTI: | 45% |
| Lender Rate: | 35% | Borrower: | fresh1415 |
| Finished | State: | WA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-14 | EricsCC ROI: | 33% |
| Status History | |
|---|---|
| Aug 14, 2008 | Current |
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Purpose of loan: The intro rates on 2 of the cards will soon be expiring (Oct 2008). This loan will help save on credit card finance charges. The current balaces on all of our credit cards are mostly wedding associated (location, catering, bar, wedding dress, etc) that we have purchased in the past few months. The current balances on credit cards are: American Express - $6000 at 0% (balance transfers, no purchasing) Discover - $4500 at 0% (balance transfers, no purchasing) Sears HSBC- $2000 8.9% soon expire and default to 27% Barclay/US Airways - $5000 at 29% B of A - $1000 at 26% We are only asking for $4000 loan because our parents will be paying the remaining balance of Sears, Barclay, and B of A cards. My financial situation: We are good candidates for this loan because we have never been late on any payments. My fiance and I both have stable jobs and incomes. I have worked as a lead receptionist at a prominent doctors office for 3 years and my fiance has worked for 2 1/2 years in the sales dept of a large beverage company. We intend to pay an extra $100/month to have this loan paid off in approximately 17-18 months rather then 36. We believe that our D credit rating is do to high utilizations of bankcards we have accrued mostly from recent (last 4-6 months) wedding purchases and deposits. Monthly net income: $1800: fiance $2400: combined $4200 Monthly expenses: My expenses are in black, fiance in red, combined total in green! Housing: $500: $500: Total = $1000 Insurance: $90: $120: Total = $210 Car expenses: $342: $412: Total= $754 Utilities: $0: $110: Total = $110 Phone, cable, internet: $40: $120; Total = $160 Food, entertainment: $50: $250: Total = $300 Clothing, household expenses $50: $50: Total = $100 Credit cards and other loans: $420: $380: Total = $800 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 370584 | Consolidating Debt and Wedding Costs | D | $4,000 @ 26% | Jul 20, 2008 | Expired |
| 374241 | Paying off CC and Wedding costs | D | $5,000 @ 26% | Jul 28, 2008 | Withdrawn |
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