Pay off a Credit Card
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 12% |
| Lender Rate: | 15% | Borrower: | michael9874 |
| Finished | State: | WA | |
| Funded: | 100% | Group: | Georgia Tech Alum |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-09-19 | 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 recently got married and solidified my housing with a dual income. I amassed some credit debt as part of my wedding expenses, but now have a strategic plan to pay down my high interest credit. With no need to travel to see my fiancee regularly, my decent income, and payment history, I am in a good place to pay down my loan to individual investors and leave the credit card companies behind. Monthly income: $ 5339 Monthly expenses: $ 3901 Housing: $ 1025 Insurance: $ 89 Car expenses: $ 200 Utilities: $ 130 Phone, cable, internet: $ 210 Food, entertainment: $ 900 Clothing, household expenses $ 118 Credit cards and other loans: $ 969 Other expenses: $ 260 Leisure Travel |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 392762 | Paying off high interest credit cards | C | $5,000 @ 24% | Sep 04, 2008 | Withdrawn |
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