Get Rid of High Interest Credit Cards

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Listing Information
Amount: $5,000.00 Status: Loan created
Grade: C DTI: 14%
Lender Rate: 17% Borrower: bobchik
Time Left: Finished State: CA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-09-09 EricsCC ROI: 16%
Status History
Sep 06, 2008 Current

Purpose of loan:
This loan will be used to reduce my interest expense.

My financial situation:
I am a good candidate for this loan because I pay my bills on time
When I quit my job four years to start my own business I had a perfect credit score. Then before my business grew to the point where I could  pay myself a dissent salary, I used to rely on my credit cards. My wife just joined me in the and could find any job before her language skills improved.  I don't charge anything to my credit cards now. Also my wife now works and that brings more stability in our cash flow.


Monthly net income: $ 6250

Monthly expenses: $
  Housing: $ 1013
  Insurance: $ 289
  Car expenses: $198
  Utilities: $ 120
  Phone, cable, internet: $ 160
  Food, entertainment: $ 1500
  Clothing, household expenses $350
  Credit cards and other loans: $ 800
  Other expenses: $ 170

Borrower's Other Listings
311448 Get Rid of High Interest Credit Cards E $3,000 @ 25% Apr 15, 2008 Expired
325729 Get Rid of High Interest Credit Cards E $3,000 @ 28% May 04, 2008 Expired

 

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