Paying off all debt to purchase 1st house

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Listing Information
Amount: $5,000.00 Status: Loan created
Grade: C DTI: 24%
Lender Rate: 35% Borrower: NICK77882001
Time Left: Finished State: AL
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-08-29 EricsCC ROI: 34%
Status History
Aug 28, 2008 Current
The purpose of this loan is to pay off all my debt, so my wife and myself can buy our first house.  We currently have aproximately $6-$7,000.00 dollars of total debt.  The amount we pay out each month, beside our regular utility payments is $970.00 dollars in debt payments.  We realize, that if we could get a debt consolidation loan, we could still make the loan payment, utilities, and save money at the same time for our first house down payment. This a list of what we currently pay in bills and debt each month. 
Rent $340.00
Utilities$200.00
Phones(including cell phones)$180.00
Car $200.00
Groceries $400.00

These are debt payments:
Credit cards $350.00
Personal loan(grandmother) $250.00
Personal loan(World Finance) $110.00
School loan $100.00
Dell computer $100.00
Cash advance $210.00
Borrower's Other Listings
381903 PAYING OFF TWO CASH ADVANCES AND GRANDMA C $4,600 @ 19% Aug 12, 2008 Withdrawn
382560 Paying off all debt to purchase 1st house C $7,500 @ 33% Aug 14, 2008 Expired
386491 Paying off all debt to purchase 1st house C $6,500 @ 33% Aug 21, 2008 Withdrawn

 

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