Help kitty and me pay off debts

| Listing Information | |||
|---|---|---|---|
| Amount: | $7,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 15% |
| Lender Rate: | 15% | Borrower: | jrenwill |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-09-18 | EricsCC ROI: | 14% |
| Status History | |
|---|---|
| Sep 18, 2008 | Current |
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Purpose of loan: This loan will be used to consolidate high-interest credit card debt. My financial situation: I'm a single professional who finds herself endlessly paying the credit card companies and feeling like she isn't making a dent in her balances. I unfortunately fell into the typical student trap while in college and used the cards assuming it would be easy to pay back as soon as I graduated. Now I've graduated, am making good money, and am finding that paying the cards off is not as easily done as I thought. I would like to be able to make one payment each month to steadily pay off my debt rather than several payments to different entities. I have $400-500/month to devote to paying off this loan. Monthly net income: $ 3440 Monthly expenses: $ 2640 Housing: $ 1500 Insurance: $ Car expenses: $ 100 Utilities: $ 100 Phone, cable, internet: $ 120 Food, entertainment: $ 200 Clothing, household expenses $ 150 Credit cards and other loans: $ 370 Other expenses: $ 100 |
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