Paying off a Furnace
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Listing Information
Amount: $8,000.00 Status: Loan created
Grade: AA DTI: 32%
Lender Rate: 9% Borrower: listing-cymbal
Time Left: Finished State: PA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2010-07-27 EricsCC ROI: 5%
Status History
Jul 28, 2010 Current
Purpose of loan:
This loan will be used to pay off the new furnance that my wife and I needed to purchase last winter from Sears.  After a year of no interests no payments, before the penalties kicked in, we moved the amount to my wife's credit card where it received 0% interest for six months.  We have reached the end of the six month grace period and rather than let it linger on this high interest card, the prospect of having it paid off in three years at a lower interest rate is much more appealing.  

My financial situation:
I am a good candidate for this loan because we've both worked hard over the last five years to raise our credit scores from the dumps to where mine is 'excellent' and my wife's is 'good'. 

On a side note, we work hard, pay our bills on times and in return received a notice that our credit card interest rate shot up 6%!  After a referral on the benefits of this webiste, I am happy to know that places like this exist as an alternative to the major credit card companies!  I'm going to tell all my friends!

*  I had to relist, so you might have seen our withdrawn listing previously.  Thanks in advance for helping out our family pay off some debt and get ahead!
Borrower's Other Listings
465190 Paying off a Furnace AA $8,500 @ 9% Jul 06, 2010 Withdrawn
466381 Paying off a Furnace AA $8,500 @ 8% Jul 13, 2010 Withdrawn

 

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