Paying off bad credit card debt
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|Loan Status:||Paid||Origination Date:||2009-11-06||EricsCC ROI:||10%|
|Nov 06, 2009||Current|
|Sep 20, 2012||Payoff in progress|
|Oct 09, 2012||Paid|
Purpose of loan:
This loan will be used to consolidate some bad credit card debt. Most of the debt was taken on while I was trying to pay my own way through college and I have not been able to get rid of it. Having a consolidated loan with one paayment and a good interest rate can help me get out from underneath this debt.
My financial situation:
I am a good candidate for this loan because I have a very secure job with the federal government and have very little debt outisde of these credit cards and my mortgage. I have held this job since I gradutaed from college in 2004. My wife also has a reliable job that provides a second income for us. I also have a 2 year old baby and am hoping to improve my financial situation to prepare for the time that is coming soon when I'm sure she will be even more expensive!