Engineer - Looking to consolidate Bills

| Listing Information | |||
|---|---|---|---|
| Amount: | $4,500.00 | Status: | Loan created |
| Grade: | C | DTI: | 39% |
| Lender Rate: | 12% | Borrower: | IncomeStreamBuilder |
| Finished | State: | MI | |
| Funded: | 100% | Group: | Achieve Greatness |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-01-24 | EricsCC ROI: | 11% |
| Status History | |
|---|---|
| Jan 24, 2007 | Current |
| Jan 14, 2008 | Payoff in progress |
| Jan 18, 2008 | Paid |
|
Hello! I'm an engineer located in Michigan and also a member of the "Achieve Greatness" group that is looking to consolidate some of my payments to a lower payment. My current focus is to improve my overall financial picture and this loan will allow me to shift things around so I can free up space in payments to throw at the most valuable debts to pay off as quickly as possible. Below is some data on my current situation and stategy. Income after taxes: ~$3100/mo Mortage Payment: $1100/mo Line of Credit: $45/mo <-------- will eliminate with this loan - balance $950 Student Loans: $210/mo <-------- will elminate one small balance one freeing up $100/mo Auto Loan: $420/mo <--------- 6 payments left, will eliminate this with loan to free up payment Credit Cards: $280/mo <-------- This is what I'll be targeting with the extra and saved payments from above. Cable/Internet: $60/mo Car Insurance: $430/every 6 months Life Insurance: $300/annually If you have any questions, don't hesitate to click on the link to contact me! Thanks, Chris [LAST NAME DELETED] |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 225200 | Engineer - Looking to consolidate Bills | C | $9,500 @ 17% | Nov 02, 2007 | Expired |
| 235996 | Engineer - Looking to consolidate Bills | C | $9,500 @ 19% | Nov 22, 2007 | Expired |
| 297463 | Engineer - Looking to consolidate Bills | B | $10,000 @ 12% | Mar 22, 2008 | Loan created |
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