Credit Cards Go Away...Come Again...Umm...NEVER!! (Relist)
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 12% |
| Lender Rate: | 18% | Borrower: | gagrl30 |
| Finished | State: | GA | |
| Funded: | 100% | Group: | Due Diligence |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2006-04-17 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| Aug 30, 2006 | Current |
| Mar 17, 2009 | Payoff in progress |
| Mar 20, 2009 | Paid |
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This is a relisting of the former #4290. We came very close to funding, and I want to personally thank each and every bidder, and for your kind words in email! I'm pleased to relist, changing to immediate funding, and raising the rate up a bit. Hopefully, those of you who had confidence in me with my first listing will once again have that faith, and enjoy a bit more return on their investment!! Original Listing: I will be using this loan to consolidate high-interest credit card debt. This loan will enable me to actually make headway and eliminate the debt in 36 months, instead of only paying a small amount of principal each month. A few years ago we had to assume the full obligations of a business partner when he failed. We were forced to put some of that debt on high interest credit cards. Still, we?ve managed to pay off the full $30,000 of this debt. We still have unsecured credit card debt we want to refinance. I have made a full commitment to becoming debt-free as soon as possible. This loan would be a huge piece of the puzzle in achieving this goal for my family. We are committed to and have been living a cash only lifestyle for more than a year. We do not use credit cards for living expenses or living above our means. We've already made the lifestyle change of not using credit cards. Now, we just want to be free of our past credit card debt once and for all, and be debt-free for life! While I have no trouble making all of my payments on time every month, I would rather pay the debt off as quickly as possible at a lower interest rate to people who want to invest in helping other people grow and not to the credit card company sharks who squeeze regular people for all they can! I am a loyal follower of radio host and author Dave Ramsey's debt-free lifestyle plan, and we are "Clark-smart" as well (loyal listeners of consumer advocate Clark Howard). We are talking the talk, and walking the walk - now we just need to get rid of this debt! As a member of the Due Diligence group, I have gone through the approval process with my group leader. This included a verification of my business income, identity, and credit history. I live with my husband in Atlanta and we own our own business. We know what it means to work hard and we are excited to create a strong financial foundation for our family. Thanks for considering helping us make our goal a reality! |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 4290 | Credit Card Companies, Go Away! Come Again...um...NEVER! | B | $25,000 @ 14% | Mar 30, 2006 | Expired |
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