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|Loan Status:||Current||Origination Date:||2012-04-17||EricsCC ROI:||5%|
|Apr 15, 2012||Current|
Purpose of loan:
This loan will be used to pay off two credit cards. About half of this debt has been on a card charging 9.9% with the other half at 0%, but that teaser rate is moving to 8.9 starting in June. Getting this loan will let me pay off both cards at about 3% less than I'd otherwise be paying. This should also free up some monthly cash flow and allow me to better help my daughter who is just about to enter her first year of college.
My financial situation:
I am a good candidate for this loan because I've been employed for over 20 years continuously. About a year ago, I took out my first Prosper loan to get foam insulation installed in my attic and I haven't missed a payment yet.
|Borrower's Other Listings|
|495552||Home Insulation||AA||$5,000 @ 7%||Feb 24, 2011||Loan created|