Consolidate Debt- No Risk
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,500.00 | Status: | Loan created |
| Grade: | B | DTI: | 15% |
| Lender Rate: | 17% | Borrower: | Spaowner |
| Finished | State: | PA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-09-10 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Sep 10, 2008 | Current |
|
Purpose of loan: I will use the loan to pay off my two largest credit cards. This will leave me with one card at 6.9% interest that will be paid off in roughly 7 months. My financial situation: I am a good candidate for this loan because our annual income is over $100K. A few years ago we got into a little trouble with large medical bills, but we have bounced back and have maintained exemplary credit for three consecutive years. This payment will be made using automatic account deduction, so there will be no late/missed payments. The loan rate that we set puts us in a position to pay off our debt while saving a few dollars each month. Monthly net income: $ 6700 Monthly expenses: $ Housing: $ 1900 Insurance: $ 300 Car expenses: $900 Utilities: $ 350 Phone, cable, internet: $ 270 Food, entertainment: $ 800 Clothing, household expenses $ 200 Credit cards and other loans: $ 100 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 382329 | Starting Well Researched Business | B | $15,000 @ 15% | Aug 13, 2008 | Withdrawn |
| 382344 | Saying Farewell to Credit Cards | B | $8,500 @ 17% | Aug 13, 2008 | Withdrawn |
| 385905 | Saying Farewell to Credit Cards | B | $5,500 @ 16% | Aug 20, 2008 | Expired |
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