Paid Chase Timely, Rate Raised 9%
Click Here to view this listing on Prosper
|Loan Status:||Paid||Origination Date:||2010-01-29||EricsCC ROI:||5%|
|Jan 29, 2010||Current|
|Oct 12, 2011||Payoff in progress|
|Oct 15, 2011||Paid|
Purpose of loan:
This loan will be used to pay off my Chase account after they raised my rate by 9%, from under 10% to almost 18%, despite no late payment history. I have been paying down my debt, and have a larger balance on another card, but at a lower rate. The idea behind the loan is to pay off Chase and its jacked-up rate, in order to allocate more dollars towards paying down the card with the higher balance.
My financial situation: is good.
I am a good candidate for this loan because I pay off extra principal on my mortgage each month, which is kind of unheard of lately, no?
|Borrower's Other Listings|
|517700||Last Credit Card Standing||A||$2,100 @ 11%||Nov 28, 2011||Loan created|