p2p lending at lending club
Paying off higher interest credit cards

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Listing Information
Amount: $8,000.00 Status: Loan created
Grade: C DTI: 30%
Lender Rate: 14% Borrower: npanicn
Time Left: Finished State: MA
Funded: 100% Group: Lend2's Group
Loan Information
Loan Status: Default Origination Date: 2007-02-16 EricsCC ROI: -60%
Status History
Feb 15, 2007 Current
Nov 01, 2007 Late
Nov 23, 2007 1 month late
Dec 17, 2007 2 months late
Jan 17, 2008 3 months late
Feb 17, 2008 4+ months late
Jun 20, 2008 Default
I would like to pay off two of my credit cards with higher interest rate. One is 17.99% with balance of $ 4000 and the other one is 23.95% with balance of $ 3500 . I currently work two jobs and my income is about $ 65,000 a year. My credit rating is "C" because of partial bankruptcy I filed in 1998 due to divorce and financial hardship. In the last nine years I have not been late with any payments and I am building my credit back up to "AA". This is a no risk investment opportunity for anyone who is happy with a 17.5% return
Borrower's Other Listings
89159 paying off credit cards C $10,000 @ 9% Jan 26, 2007 Withdrawn
90853 Paying off high interest credit cards C $10,000 @ 16% Jan 30, 2007 Expired

 

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