Paying off high interest credit cards/improving credit score

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Listing Information
Amount: $3,000.00 Status: Loan created
Grade: HR DTI: 37%
Lender Rate: 29% Borrower: Mommyof1
Time Left: Finished State: CA
Funded: 100% Group: Fairplay Lending
Loan Information
Loan Status: 4+ months late Origination Date: 2006-12-01 EricsCC ROI: -67%
Status History
Dec 01, 2006 Current
Apr 16, 2008 Late
May 02, 2008 1 month late
Jun 05, 2008 2 months late
Jul 09, 2008 3 months late
Aug 02, 2008 4+ months late
My name is Brandi,  I've made some credit mistakes in the past, and I'm trying to obtain a loan for $3000 in order to pay off high interest credit cards and cut them up for good.  Paying these off would enable me to increase my credit score, so my husband and I can purchase a home next year.

I have 2 deliquences on my credit, one of which is payed off.  It was paid off back in May and it still shows up on my credit.  The other is part of my debt I'm going to be paying off.  As soon as I obtain the loan this is a part of my outstanding debt I plan to eliminate.

So by obtaining the loan, I would pay off all credit cards, all deliquences on my credit and it would officially make me debt free and improve my credit rating.
 
Husband - $2000
Me - $1500
TOTAL: $3500
Rent - $875
Car - $699
Insurance - $115.34
Utilites - $450 - (includes: gas, electric, phone, internet)
Credit Cards - $500 (Paying off credit cards would open this amount up to pay towards the loan payment)
Groceries - $200
Gas - $300
TOTAL:3139.34
Left Over per month: $360.66
If I obtained loan to pay off Credit cards, amount would increase by $500 leaving over $800 per month to pat towards loan and put into savings for new home.I really need to obtain this loan and improve my life.  Brandi  
Borrower's Other Listings
64225 PAYING OFF DEBT/BETTERING LIFE HR $5,000 @ 26% Nov 20, 2006 Withdrawn
64531 PAYING OFF CREDIT CARDS/BETTERING LIFE HR $5,000 @ 26% Nov 20, 2006 Withdrawn
65336 PAYING OFF CREDIT CARDS FOR GOOD! HR $3,000 @ 24% Nov 22, 2006 Withdrawn

 

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