Trying to pay off some High Interest Credit
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 26% |
| Lender Rate: | 24% | Borrower: | affluence-pioneer874 |
| Finished | State: | NY | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-09-24 | EricsCC ROI: | 23% |
| Status History | |
|---|---|
| Sep 24, 2008 | Current |
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Purpose of loan: This loan will be used to close other debt and consolidate it into a single payment. With the reduction in home values I have not been able to get a Home Equity line to consolidate loans. My financial situation: I am a good candidate for this loan because I have never been late on Any payments and I have a solid job. I made some mistakes taking out loans from high interest lenders to cover costs for my kids and other issues. This loan will be used to reduce payments on other lines and to close them reducing my debt burden. I have a perfect payment record but due to volume of debt my score is lower. Monthly net income: $ 10000 Monthly expenses: $ Housing: $4600 Insurance: $ 800 Car expenses: $ 450 Utilities: $ 300 Phone, cable, internet: $ 125 Food, entertainment: $ 500 Clothing, household expenses $ Credit cards and other loans: $ 900 Other expenses: $ 400 |
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