paying off relatively high interest loan

| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 29% |
| Lender Rate: | 15% | Borrower: | asset-officer |
| Finished | State: | NC | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-09-04 | EricsCC ROI: | 14% |
| Status History | |
|---|---|
| Sep 04, 2008 | Current |
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Purpose of loan: To pay off a higher interest loan. I took out a loan for 15K. The loan is to be paid off over 4 years. I would use the 15K loan from Prosper to may off the balance of this loan and a few other miscellaneous bills My financial situation: I pay my bills on time. I have a relatively high income, but also have 2 kids in daycare and am aggressively paying off debt accrued during a period of spousal unemployment. I am able to afford my current payment amount, but I would like a lower interest rate if possible |
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