Make Interest off Bank of America
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|Loan Status:||Current||Origination Date:||2010-03-25||EricsCC ROI:||5%|
|Mar 25, 2010||Current|
Purpose of loan:
This loan will be used to pay down my only credit card that currently has a balance. I recently got married and bought a house which unfortunately needed a lot of cash. Originally my interest rate was reasonable, but with the recent change of my credit card compamy's policy, my interest rate doubled. This loan will allow me to stop giving money to big banks and give someone else the chance to get a higher interest rate on their money. By setting up this structured payment plan, my aim is to eliminate my accumulated debt faster.
My financial situation:
I am a good candidate for this loan because I have never missed a monthly payment in a minimum of five years on any of my credit cards or mortgage payments. Moreover, my high credit score illustrates my commitment to paying my bills and those I owe money to on time.
|Borrower's Other Listings|
|449684||Pay down credit card||AA||$6,000 @ 9%||Mar 09, 2010||Withdrawn|