Paying Off A High Interest CC
| Listing Information | |||
|---|---|---|---|
| Amount: | $8,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 40% |
| Lender Rate: | 13% | Borrower: | Historyhorn |
| Finished | State: | TX | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2010-03-29 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Mar 27, 2010 | Current |
| Aug 31, 2011 | Payoff in progress |
| Oct 08, 2011 | Paid |
|
Purpose of loan: This loan will be used to pay off a credit card that was raised to a 30% interest rate before the new credit card rules went into place this month. My financial situation: I pay my bills on time and have always met all financial obligations. I have a stable job with solid income. My debt load is high due to a side business that is on its last leg as a result of the poor economy. I'm in the process of selling off the business assets and cleaning up the leftover debt. Receiving a lower interest rate on this card will help me toward that end. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 394834 | Purchasing Seat Rights To Expand Business | B | $5,000 @ 17% | Sep 08, 2008 | Expired |
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