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Listing Title



Loan Information

Loan Status: Current Origination Date: 2008-08-11 Payments Made: 4 of 36 Total Payments: $2846.10 / $20000.00

Listing Summary

 

Borrower Info

Requested Amount: $20000.00
Lender Rate: 16.65%
Automatic Funding: No
Percent Funded: 100%
Monthly Payment: $709.58
 
Borrower: Grand05style
Location: FL
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile

Credit Grade: AA Homeowner: Yes Account Verified: Yes Debt To Income: 54%

Extended Credit Data

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Listing Description

Purpose of loan:
This loan will be used to… consolidate my high interest credit cards, two of them.

My financial situation:
I am a good candidate for this loan because… I have a full time job and a goal to be out of debt in as few years as possible. Then I will close one of those accounts and lower the credit line on the other. I will lower the credit line because it is a card that my mother uses to order her prescriptions, for which she pays directly to the account. I am a homeowner and working toward having the house as my only payment. I make more than the monthly payment on my home mortgage, and am paying down my credit cards as quickly as I can, by paying off the lowest balance then turning that payment to the next lowest. I will systematically close these accounts as they get paid off. My goal is to have only one credit card in cases of emergency.