Pay Down Adj Rate Line of Credit

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Listing Information
Amount: $5,100.00 Status: Loan created
Grade: AA DTI: 4%
Lender Rate: 8% Borrower: tony1616
Time Left: Finished State: IL
Funded: 100% Group: WealthBuilders
Loan Information
Loan Status: Paid Origination Date: 2006-04-25 EricsCC ROI: 8%
Status History
Jul 12, 2006 Current
Jan 15, 2007 Payoff in progress
Jan 21, 2007 Paid
I would like to take out this loan in order to help pay down my adjustable rate line of credit.  As you can see by my credit score, I have excellent credit.  I've never had a late payment in my life, and I'm very proud of that.  I have a good job with a billion-dollar company, so I will have absolutely no problem paying this off, especially since it will just be taking the place of a payment I'm currently making.  I plan to pay the entire amount of the loan off within 1 year.  Thank you in advance for your help. 
Borrower's Other Listings
5159 Re-Lending and Investments AA $5,000 @ 8% Apr 05, 2006 Expired
389456 Starting Web Business AA $15,000 @ 11% Aug 27, 2008 Loan created

 

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