Reducing Credit Card Debt

| Listing Information | |||
|---|---|---|---|
| Amount: | $6,500.00 | Status: | Loan created |
| Grade: | A | DTI: | 28% |
| Lender Rate: | 9% | Borrower: | successful-velocity |
| Finished | State: | MO | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2010-07-13 | EricsCC ROI: | 5% |
| Status History | |
|---|---|
| Jul 14, 2010 | Current |
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Purpose of loan: This loan will be used reduce my Credit Card Debts. I'd like to apply this to those with higher percentages. My financial situation: I am a good candidate for this loan because I am financially responsible to all the debt I have created. I own a home, own a car and have never defaulted on any of those payments. I have been diligently working on reducing my debt and feel this could help me get there a little quicker. I already try to pay more than minimum payment on my CC debts to help reduce them quicker. My credit score history has gone up, showing I am working very hard and making all payments on time. Monthly net income: $ Monthly expenses: $ Housing: $ 760.00 Insurance: $ 100.00 Car expenses (loan): $ 280.00 Utilities: $ 50.00 - 100.00 Phone, cable, internet: $ Food, entertainment: $ Clothing, household expenses $ Credit cards and other loans: $ Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 419994 | Paying off my credit cards | B | $5,000 @ 20% | Aug 10, 2009 | Withdrawn |
| 421528 | Paying off my credit cards | B | $15,000 @ 18% | Aug 24, 2009 | Withdrawn |
| 421671 | Paying off my credit cards | B | $12,000 @ 21% | Aug 25, 2009 | Withdrawn |
| 421887 | Paying off my credit cards | B | $5,500 @ 20% | Aug 27, 2009 | Loan created |
| 464412 | Paying off more Credit Card Debt | C | $10,000 @ 11% | Jun 28, 2010 | Withdrawn |
| 464559 | Reducing Credit Card Debt | A | $6,500 @ 8% | Jun 29, 2010 | Withdrawn |
| 599765 | Getting out from credit card debts | A | $3,000 @ 10% | Jun 15, 2012 | Loan created |
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