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Low Risk! Paying off Credit Card Debt

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Listing Information
Amount: $9,000.00 Status: Loan created
Grade: C DTI: 17%
Lender Rate: 17% Borrower: keane3517
Time Left: Finished State: NJ
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-08-19 EricsCC ROI: 16%
Status History
Aug 16, 2008 Current
Purpose of loan:
Hello, the purpose of my loan in to pay off all of my credit cards from College.  I originally asked for a 15000 loan but did not get funded so I relisted last november for a $5000 loan, which was funded, and have been paying that on time as you can see.  This loan would be for the remainder of my balance and hopefully be my last request. 

My financial situation:
Thanks for your interest.  I am looking to pay off some remaining credit card loans from college.  It has been a challenge since the interest rates are in the 20% region.  My credit score is low only because I have a good amount of revolving credit, which is why I am trying to obtain this loan - - I have a solid salary each month and get bonuses every month. I have been in this area for over 26 years and I have been at my current position for over 4 years.  I am able to pay my other credit cards in the total amount 450 a month and I never been late on any payments for anything so I am a low risk investment.  Thanks for your time and consideration. 

Monthly net income: $3500

Monthly expenses: $
  Housing: $250
  Insurance: $110
  Car expenses: $268
  Utilities: $125 
  Phone, cable, internet: $100
  Food, entertainment: $300
  Clothing, household expenses $0
  Credit cards and other loans: $450
  Other expenses: $ 0
Borrower's Other Listings
210611 Low Risk! Paying off Credit Card Debt C $10,000 @ 12% Oct 03, 2007 Expired
215136 Low Risk! Paying off Credit Card Debt C $5,000 @ 13% Oct 12, 2007 Loan created

 

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