Pay off 401k loan

| Listing Information | |||
|---|---|---|---|
| Amount: | $9,500.00 | Status: | Loan created |
| Grade: | B | DTI: | 22% |
| Lender Rate: | 10% | Borrower: | jimmyvegas |
| Finished | State: | TX | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-01-12 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Jan 13, 2007 | Current |
| Mar 08, 2008 | Payoff in progress |
| Mar 13, 2008 | Paid |
| I would like to pay off a 401k loan. My 401k loan is at 8%, however, I am willing to pay somewhat higher to get this money back in my retirement account and working for me. I'm a manager at a fourtune 500 company and make about $60K per year. Also I own 3 rental properties that make about $35K per year after expenses. I've never missed a payment on anything in my life. My first credit card was at 19 years old. I hope to pay extra on this loan and pay off early. Thanks. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 224110 | Improve Investment Properties | B | $20,000 @ 8% | Oct 31, 2007 | Withdrawn |
| 232775 | Improve Investment Properties | B | $15,000 @ 8% | Nov 16, 2007 | Withdrawn |
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