Paying off Debt to Save for Wedding
| Listing Information | |||
|---|---|---|---|
| Amount: | $2,500.00 | Status: | Loan created |
| Grade: | D | DTI: | 0% |
| Lender Rate: | 23% | Borrower: | BiancaPerry18 |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2010-06-17 | EricsCC ROI: | 22% |
| Status History | |
|---|---|
| Jun 16, 2010 | Current |
| Mar 01, 2012 | Payoff in progress |
| Mar 07, 2012 | Paid |
|
Purpose of loan: I don't want to pay to here and then pay to here. I would like to simplify everything and consolidate my debt with one interest rate and pay it off as quickly as possible. I am getting engaged and have a wedding to start planning and saving for so it would be nice to have my small amount of debt taken care of. I am never ever late with my bills, there is one delinquency on my record from when I was very young and just getting credit cards for the first time. It is about to fall off my record it is so old. It is recommending a $100 payment a month but I am thinking more on the lines of $300 a month. My financial situation: I am a vary hard worker, extremely organized and responsible. The debt that I have was from being out of work last year (I moved to a different state and jobs are not easy to come by) but I am working again and getting things in line. Monthly net income: $ 1300 Monthly expenses: $ Housing: $ 400 Insurance: $ 0 Car expenses: $ 100 Utilities: $ 0 Phone, cable, internet: $ 50 Food, entertainment: $ 100 Clothing, household expenses $ 0 Credit cards and other loans: $ I pay everything that is left in this category, I never pay the minium balance. I would like to get this taken care of so that all of this money can start going into my savings account. Other expenses: $ 50 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 560244 | Consolidating for a Move | B | $2,500 @ 14% | Feb 20, 2012 | Loan created |
| 655677 | Debt consolidation | A | $9,500 @ 9% | Oct 18, 2012 | Loan created |
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