ROTH IRA Contribution
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 6% |
| Lender Rate: | 9% | Borrower: | rostafar |
| Finished | State: | OR | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-10-14 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Oct 11, 2008 | Current |
|
Purpose of loan: This loan will be used to…Make my Roth IRA contibutions for 2008 and 2009. I'm a big believer that the stock market is going to come back strong over the next couple of months, and I want to benefit. Usually I use my tax return to make my contribution, but that won't happen for another 6 months or so. When I get my tax return in 2009, I'll be paying off half of the loan. My financial situation: I am a good candidate for this loan because… I've had credit for almost 20 years and have never been late with a payment. Perfect credit. The income that I stated here is just my base income. Commissions were not included. I only commit to debt or other bills using my base, so that I always have that cushion. My house is worth $400k, I owe about $300k. Roth currently (well, as of yesterday) has about $60k in it. I also have a HELOC (that's the high revolving credit balance) of $40k at 5%. I own both cars outright. Other credit is credit cards that I use every month and pay off. Thanks to those that bid on my express listing. Not a big fan of those, because you really don't get a feel for the person and the situation. 2nd listing. Lowered amount and increased interest rate. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 399793 | My personal loan | AA | $8,000 @ 11% | Sep 17, 2008 | Expired |
| 403475 | ROTH IRA Contribution | AA | $8,000 @ 11% | Sep 24, 2008 | Expired |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|