Paying off 401K Loan
| Listing Information | |||
|---|---|---|---|
| Amount: | $9,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 13% |
| Lender Rate: | 22% | Borrower: | BeenJamin |
| Finished | State: | MN | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2008-09-24 | EricsCC ROI: | 21% |
| Status History | |
|---|---|
| Sep 24, 2008 | Current |
| Oct 01, 2008 | Payoff in progress |
| Oct 04, 2008 | Paid |
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Purpose of loan: This loan will be used to pay off two 401K loans. I can then take out one 401K loan to consolidate Medical debt that is going to be delinquent. My financial situation: I am a good candidate for this loan because of my strong credit profile, low debt to income, good repayment history on all mortgage and consumer accounts. I own my automobile. I did file Chapter 13 in May of 2007 after divorce and forfeiture of our home. My credit score is already an A. I am a very responsible person. Monthly net income: $ 2960.70 (After $598.22/mo - 401K Loan Payment) Monthly expenses: $ Housing: $625.00 Medical Bills: $225 ($2645 total) Car/Homeowners Insurance: $150.00 Car expenses: $100.00 Utilities: $75.00 Phone, cable, internet: $125.00 Food, entertainment: $350.00 Clothing, household expenses: $200.00 Credit cards and other loans: $50.00 Trustee: $127 Other expenses: $150.00 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 398468 | Paying off 401K Loan | A | $9,000 @ 19% | Sep 15, 2008 | Withdrawn |
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