Debt Consolidation
| Listing Information | |||
|---|---|---|---|
| Amount: | $9,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 23% |
| Lender Rate: | 14% | Borrower: | Mortgage101 |
| Finished | State: | IN | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-01-10 | EricsCC ROI: | -54% |
| Status History | |
|---|---|
| Jan 13, 2007 | Current |
| Jun 28, 2008 | Late |
| Jul 11, 2008 | 1 month late |
| Aug 12, 2008 | 2 months late |
| Sep 11, 2008 | 3 months late |
| Oct 11, 2008 | 4+ months late |
| I am going to use this money to pay down a high interest rate credit card. Paying off this credit card will increase my credit score so I can refinance my current mortgage at a lower rate. The savings from the refinance of my mortgage will be substantial. I am a Wholesale Mortgage Manager with a national lender. I earn over $130K per year. My debt ratio is low. I have never missed a payment on a debt for the last 8 years. I am a good credit risk. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 68786 | Paying Mtg down to qualify for better rate | C | $25,000 @ 19% | Nov 30, 2006 | Expired |
| 244050 | Debt Consolidation | C | $18,000 @ 19% | Dec 04, 2007 | Expired |
| 293800 | Debt Consolidation | A | $18,000 @ 19% | Mar 15, 2008 | Expired |
| 313675 | Debt Consolidation | C | $7,500 @ 20% | Apr 18, 2008 | Expired |
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