Getting out of debt asap!
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Listing Information
Amount: $7,300.00 Status: Loan created
Grade: B DTI: 37%
Lender Rate: 12% Borrower: jegatliff
Time Left: Finished State: GA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2006-12-22 EricsCC ROI: 8%
Status History
Dec 23, 2006 Current
I am trying to get out of debt asap,  even including my mortgage.   I have a 3yr plan on my debts other than mortgage, so trying to get them taken care of.  The mortgage is going to take 9yrs to pay off.   To do this I want to get rid of my credit cards.  I have one that I use through my credit union now and it only has a 1000 limit so I cannot get out of hand with it.   This loan is to pay off a credit card I have had for many years now.  I currently make 275 dollar monthly payments to it now, and am not getting very far doing that. I figure with a loan from here paying the same amount it will be gone in 3 yrs.  Which works into my long term plan well.  
My debt ratio is very high but this is due to the fact that all of our loans are in my name only.   My wife had bad credit follow her from her previous marriage so I have got the mortgage, car loan, and credit cards in my name only.   She brings in nearly 3000 dollars in income on her own.  This is verifiable if you like,   its 2000 in earnings and 1000 in child support.  If that were figured into my debt ratio, it would be alot better.
Please help me get out of debt,  and as I said I have been making 275 dollar a month payments to this credit card for many months now and it would be no more burden to pay you instead of the credit card company.

 
Borrower's Other Listings
22929 Small Business Start Up, Wifes income not on debt ratio B $10,000 @ 17% Jul 04, 2006 Withdrawn
62072 Want to get out of debt, you can have my money intead. D $7,339 @ 16% Nov 15, 2006 Withdrawn
62200 Need to pay off high interest credit card. D $7,339 @ 17% Nov 15, 2006 Expired
65706 Had no late or missed payments in 8 yrs, PLEASE READ D $7,300 @ 19% Nov 23, 2006 Expired
250613 Need New Heat Pump ASAP C $5,200 @ 14% Dec 14, 2007 Loan created

 

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