Pay off credit card & family member loan
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,500.00 | Status: | Loan created |
| Grade: | AA | DTI: | 20% |
| Lender Rate: | 7% | Borrower: | AEs_Momma |
| Finished | State: | OH | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-19 | EricsCC ROI: | 6% |
| Status History | |
|---|---|
| Aug 19, 2008 | Current |
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Purpose of loan: This loan will be used to?pay off a credit card with a balance of about $5900, another with a balance of $250. I've also borrowed money from a family member which I'd like to pay off too. My financial situation: I am a good candidate for this loan because?I'm a hard-working, married mother of 1. I've been employed at my full time job (at a local/community financial institution) for over 6 years - currently the director of HR. For the last several months I have been working a part time job as a babysitter. In addition to my regular full time job, from the same employer I have taken on additional duties as a meeting minute transcriber to supplement my income. I have owned my home since 2005 & have never been late on any payments for any lines I have open. My goal is to pay off a credit card which is currently at 0%. However, in September will jump to a much higher interest rate. While I receive about 6 offers per week for pre-approved credit cards, I'm not interested in getting caught up in that game. I do not want to have a revolving line of credit, nor do I wish to continuously have to refinance the balance on this card. Thank you! |
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