Paid Chase Timely, Rate Raised 9%
| Listing Information | |||
|---|---|---|---|
| Amount: | $1,400.00 | Status: | Loan created |
| Grade: | AA | DTI: | 7% |
| Lender Rate: | 6% | Borrower: | darylt |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2010-01-29 | EricsCC ROI: | 5% |
| Status History | |
|---|---|
| Jan 29, 2010 | Current |
| Oct 12, 2011 | Payoff in progress |
| Oct 15, 2011 | Paid |
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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 |
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