Paying Off Credit Cards

| Listing Information | |||
|---|---|---|---|
| Amount: | $9,500.00 | Status: | Loan created |
| Grade: | B | DTI: | 24% |
| Lender Rate: | 13% | Borrower: | stevenancy1 |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-28 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| Aug 28, 2008 | Current |
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Purpose of loan: This loan will be used to? pay off credit cards in 3 years making the same payment I am currently making versus taking FOREVER to pay them off. I will be cutting all of them up but one after this. My financial situation: I am a good candidate for this loan because? I have job security in the telecom industry and pay ALL my bills on time. I am also a lender on Prosper so I fully understand the importance of making timely payments. Monthly net income: $ 2600 Monthly expenses: $ Housing: $ 975 Insurance: $ 100 Car expenses: $ 275 Utilities: $ 125 Phone, cable, internet: $ 125 Food, entertainment: $ 300 Clothing, household expenses $ 0 Credit cards and other loans: $ 350 Other expenses: $ 0 |
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