Payoff credit cards

| Listing Information | |||
|---|---|---|---|
| Amount: | $18,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 42% |
| Lender Rate: | 17% | Borrower: | ectasy |
| Finished | State: | OH | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2008-09-02 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Aug 30, 2008 | Current |
| Oct 08, 2008 | Payoff in progress |
| Oct 11, 2008 | Paid |
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Purpose of loan: This loan will be used to? consolidate my credit cards. I recently bought a house because I'm going to be getting married (March 2009) and I need a home to start my new family. It was a foreclosed house and my very first house. They gave me enough of a loan (w/ 10% down) to get the house, but not make repairs. It needed a new roof, gutters, painting and a whole new kitchen. That is the picture above, us putting in the dry wall for the kitchen. I had to put this all on my credit cards and I would like combine it into one payment and pay off the cards. My financial situation: I am a good candidate for this loan because? I have never missed a payment on ANYTHING in my life. I don't borrow money often and I'm an accountant. I have a budget and know how much I can afford and save by having one monthly payment instead of 3 different credit card payments. |
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