Getting rid of credit card debt forever
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Listing Information
Amount: $14,000.00 Status: Loan created
Grade: AA DTI: 26%
Lender Rate: 9% Borrower: akinmx
Time Left: Finished State: TN
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-09-17 EricsCC ROI: 8%
Status History
Sep 17, 2008 Current
I am looking for a low interest rate loan to pay off some credit cards that we never seem to be able to pay down due to their high rates. I have excellent credit and always have... I never have late payments and have held a solid job/career for 10 years now. It frustrates me when a bank will not offer me a good rate on a loan simply because my debt to income ratio does not fit into their calculations even though I have an excellent credit history. My wife and I were so eager to purchase a home 7 years ago that we agreed to an outrageous mortgage. We always paid the high mortgage on time and never miss a payment. I was able to refinance that mortgage 2 years ago to a much lower fixed rate but unfortunately I do not have enough equity in my home to qualify for a equity line which was my first choice. So this small loan would do wonders to help my family get debt free within the next 3 to 4 years. Thank you for your time.
Borrower's Other Listings
395308 Getting rid of credit card debt forever AA $18,000 @ 8% Sep 09, 2008 Withdrawn

 

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