Consolidating High Interest Credit Lines
Homeownership Verified

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Listing Information
Amount: $9,999.00 Status: Loan created
Grade: B DTI: 18%
Lender Rate: 16% Borrower: jpsmith1981
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-09-02 EricsCC ROI: 15%
Status History
Aug 30, 2008 Current

Purpose of loan: 
I run up a balance of over $11K on CC's.

My financial situation: 
    ·Real Estate:
        oBoise, ID: Worth 200K. Equity 40K
        oLaguna Niguel, CA: Worth 360K. Equity -5K
    ·Retirement Accounts 
        oSafeway 401K:  $8K.  contribute 16% 
        oStarwood 401K: $7K. contribute 20%
    ·Stock Accounts
        oSafeway ESPP: Currently worth $3190. contribute $35 per check.
        oStarwood ESPP: Currently worth $4000. contribute 10% of paycheck.

Monthly net income: $ 6478
Before analyzing my net income please consider the net is deflated because of my savings rate and my tax structure. I could easily inflate my income by just adjusting my savings rates and tax structure.

  • Safeway: $2661
  • St. Regis: $2267
  • Boise Home: $850
  • OC Condo: $700

Monthly expenses: $ 4740

  • Housing: $3600 (all loans)
  • Insurance: $100
  • Car expenses: $100 (Gas)
  • All Util: $80
  • Food, entert.: $200
  • Credit cards/other loans: $500
Borrower's Other Listings
192976 Consolidating High Interest Credit Lines A $12,000 @ 10% Aug 26, 2007 Loan created
365831 Consolidating High Interest Credit Lines B $9,999 @ 22% Aug 13, 2008 Cancelled

 

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