Paying off High Interest Credit Card
| Listing Information | |||
|---|---|---|---|
| Amount: | $8,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 21% |
| Lender Rate: | 10% | Borrower: | farfalla |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-28 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Aug 28, 2008 | Current |
|
Purpose of loan: I want to pay off a business loan I took out to open a small, weekend business. The interest rate on this loan has gone up and I want to pay it off. I have never missed or was late on a payment, so there was no reason for them to increase my rate. I'm tired of giving my money to banks and would rather give it you. I started the business to bring in some extra income to pay off my 1st Prosper Loan. I have made every payment on time and plan to continue. The business is going well and bringing in enough money to continue to make my 1st Prosper Loan and this loan if I can get the interested down below 10%. My financial situation: I am a good candidate for this loan because I have good credit, been employed full-time for the same company for over 29 years, and have a business that is bringing in extra money to pay off these debts. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 259940 | Consolidating Debit | AA | $20,000 @ 10% | Jan 04, 2008 | Loan created |
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