Paying off bad credit card debt

| Listing Information | |||
|---|---|---|---|
| Amount: | $9,500.00 | Status: | Loan created |
| Grade: | AA | DTI: | 28% |
| Lender Rate: | 11% | Borrower: | balance-zoomer |
| Finished | State: | WA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2009-11-06 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Nov 06, 2009 | Current |
| Sep 20, 2012 | Payoff in progress |
| Oct 09, 2012 | Paid |
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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! |
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