We want to actually pay off credit cards, not just interest!
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Withdrawn |
| Grade: | D | DTI: | 25% |
| Lender Rate: | 35% | Borrower: | CoryNCinn |
| Finished | State: | IL | |
| Funded: | 11% | Group: | (No Group) |
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Purpose of loan: We want to pay off our credit cards and other loans to make just one payment per month for all of our debt. *Relisted* The last paragraph states some new circumstances. My financial situation: We have a plan and just need some help implementing it. Our current payments for credit cards and loans are about $800 per month and with this loan it would be about $630 per month. The payments are being made every month, so we are just looking to save some time by only having 1 payment versus 15 that have different due dates. This loan would be for 3 years and the way our credit cards are it seems like it would take almost 10 if we continue the way we are. Our cards have been canceled with the exception of two. One is for emergencies and the other is Walmart (my wife just wanted to keep that one). We are also owed about $2000 from friends that we tried to help out, it was about $4000 but some has been paid back. I really can't count that as income, it just goes to pay current debt. We own our mobile home and both vehicles. Our lot rent includes water, sewer, and garbage so we have no hidden monthly expenses. We just want to make one payment per month to simplify things. On 8/11/2008 I start a second job that will add about $1900 per month more income. We can pay off everything ourselves now, but I would still like to consolidate our bills and just make one payment. I lowered the loan amount from my last listing because there are some small ones we can pay off right away now and have no need to consolidate them. Monthly net income: $ 3700 Monthly expenses: $ 1750.25 Housing: $ 150 Insurance: $ 56.25 Car expenses: $ 50 Utilities: $ 214 Phone, cable, internet: $ 130 Food, entertainment: $ 300 Clothing, household expenses $ 50 Credit cards and other loans: $ 800 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 125497 | Buying a New Mobile home that my wife wants! | D | $25,000 @ 17% | Apr 18, 2007 | Expired |
| 139174 | Credit Card Consolidation | E | $10,000 @ 29% | May 17, 2007 | Expired |
| 159532 | Credit Card Consolidation | HR | $5,000 @ 29% | Jun 27, 2007 | Expired |
| 162479 | Please take a look, bridge loan until November. | HR | $2,500 @ 29% | Jul 03, 2007 | Loan created |
| 253237 | Looking for funds to invest. | D | $10,000 @ 29% | Dec 19, 2007 | Withdrawn |
| 376126 | We want to actually pay off credit cards, not just interest! | D | $15,000 @ 29% | Jul 31, 2008 | Expired |
| 383239 | We want to actually pay off credit cards, not just interest! | D | $7,000 @ 29% | Aug 15, 2008 | Expired |
| 386910 | Pay off payday type loan and a couple of credit cards. | D | $4,500 @ 29% | Aug 22, 2008 | Expired |
| 392072 | Consolidating the last of my debt. | C | $4,000 @ 29% | Sep 02, 2008 | Loan created |
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