Pay Off High Interest Credit Cards

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Listing Information
Amount: $6,500.00 Status: Loan created
Grade: D DTI: 13%
Lender Rate: 16% Borrower: devo22
Time Left: Finished State: MD
Funded: 100% Group: MustardTree
Loan Information
Loan Status: Current Origination Date: 2006-12-18 EricsCC ROI: 11%
Status History
Dec 16, 2006 Current
Hello,

I want to consolidate a few of my credit cards before the holidays.  One monthly payment will be much easier and cheaper than several monthly payments.  This will give me an opportunity to pay them off faster and move closer to owning a home.  Now that I have a good paying job I can pay much more than the minimum each month.  I do not pay any rent because I stay with my uncle and he does not charge me anything (what a blessing).  I have never been late or missed a payment and plan on keeping that reputation.

Reason for Loan:
Pay off High Interest Credit Cards

In
Hamilton Tiger-Cats: $4,500/month
Majestik Surface: $650/month

Total: $5,150 

Out
Car Note: $479/month
Insurance: $188/month
Credit Cards: $350/month
Gas/Clothes/Misc: $250/month

Total: $1,267

Rent or Mortgage: $0 (I live with my uncle)  


Prosper Loan Repayment: Pay more than the minimum every other month (So I can pay it off early)
Borrower's Other Listings
68645 Debt Consolidation D $9,000 @ 18% Nov 30, 2006 Withdrawn
68802 Debt Consolidation D $6,500 @ 21% Nov 30, 2006 Withdrawn
68870 Payy off High Interest Credit Cards D $6,500 @ 21% Nov 30, 2006 Withdrawn

 

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