Paying down credit card debt

| Listing Information | |||
|---|---|---|---|
| Amount: | $6,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 53% |
| Lender Rate: | 17% | Borrower: | socalraver |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Default | Origination Date: | 2008-10-01 | EricsCC ROI: | 56% |
| Status History | |
|---|---|
| Sep 30, 2008 | Current |
| Jul 16, 2009 | Late |
| Aug 06, 2009 | 1 month late |
| Aug 08, 2009 | Current |
| Aug 17, 2009 | Late |
| Sep 05, 2009 | 1 month late |
| Oct 03, 2009 | 2 months late |
| Nov 14, 2009 | 3 months late |
| Dec 03, 2009 | Default |
|
Purpose of loan: This loan will be used to? My financial situation: I am a good candidate for this loan because? A recent slowdown in our business has resulted in reduced hours for me, but NOT unemployment. A business still needs smooth running, and though they might not care to admit it, my bosses cannot run the office without me, their sole employee and glorified legal secretary. They cannot type, do any word processing or the billing - the meat and potatoes of the firm, without me there. To make ends meet, I have relied on my savings and credit cards. I plan to use this loan to pay down my credit card debt. I will repay this loan according to whatever percentage rate and terms I end up with. Not for nothing did I earn this credit score. You WILL get your "investment" back, even if I have to raid my IRA savings to do it. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 394381 | Paying down credit card debt | AA | $25,000 @ 24% | Sep 07, 2008 | Expired |
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