Dumping credit cards for good
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 18% |
| Lender Rate: | 25% | Borrower: | currency-protector |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-10-08 | EricsCC ROI: | 25% |
| Status History | |
|---|---|
| Oct 07, 2008 | Current |
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Purpose of loan: Part of my overall project to get rid of all debt, especially credit cards. My financial situation: I have a financial plan in place and I have stable employment as a technical manager with a large news organization. As others have found, I've been under more pressure financially in the last year or so due to the economy and falling home prices. My goal is to remove all debt other than what is absolutely necessary (basically just leaving mortgages). Monthly net income: $ 5400.00 Monthly expenses: $ Housing: $ 2300.00 Insurance: $ 230.00 Car expenses: $ 600.00 Utilities: $ 250.00 Phone, cable, internet: $ 380.00 Food, entertainment: $ 400.00 Clothing, household expenses $ 80.00 Credit cards and other loans: $ 670.00 Other expenses: $ |
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