paying off existing loan with high interest rate after divor
| Listing Information | |||
|---|---|---|---|
| Amount: | $6,500.00 | Status: | Withdrawn |
| Grade: | C | DTI: | 46% |
| Lender Rate: | 24% | Borrower: | butterbean40 |
| Finished | State: | GA | |
| Funded: | 60% | Group: | (No Group) |
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Purpose of loan: I want to pay off an outstanding loan that I had with my ex-husband. It has a 22% interest rate. I took this loan so that I would be able to keep the vehicle I was driving that was collateral. I am now stuck with this payment each month and would like to pay a lower interest rate so that I will have extra money for more important things such as school clothes, sports expenses, etc. My financial situation: I am a good candidate for this loan because I have come a long way in becoming financially independent and being able to pay my household expenses without asking for another loan. Monthly net income: $ 1082 Monthly expenses: $ Housing: $ 725.00 Insurance: $ 52.00 Car expenses: $ 200.00 gas Utilities: $ Phone, cable, internet: $ Food, entertainment: $ Clothing, household expenses $ Credit cards and other loans: $ Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 397168 | paying off existing loan with high interest rate after divor | C | $5,000 @ 20% | Sep 12, 2008 | Loan created |
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