Comments on: $25,000 at 19.99% Interest- What Can I do? – Elisabeth http://getoutofdebt.org/10918/25000-at-19-99-interest-what-can-i-do-%e2%80%93-elisabeth Free debt help and debt advice on how to get out of debt, getting out of debt consolidation scams, and inside information on the debt relief and debt help industry. Fri, 25 May 2012 02:12:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Steve Rhode http://getoutofdebt.org/10918/25000-at-19-99-interest-what-can-i-do-%e2%80%93-elisabeth#comment-16818 Steve Rhode Tue, 01 Dec 2009 17:30:14 +0000 http://getoutofdebt.org/?p=10918#comment-16818 Joe, Not a big cyber hugger. LOL!!!! I am a lender with LendingClub.com and have 33 loans I participated in and all are performing well. That's good news since it will encourage more people to be lenders to peers in need. I think LendingClub announced yesterday they funded $7 Million in November. While that's a drop in the bucket compared to a big bank it shows the system is making consolidation loans. Steve Joe,

Not a big cyber hugger. LOL!!!!

I am a lender with LendingClub.com and have 33 loans I participated in and all are performing well. That’s good news since it will encourage more people to be lenders to peers in need. I think LendingClub announced yesterday they funded $7 Million in November. While that’s a drop in the bucket compared to a big bank it shows the system is making consolidation loans.

Steve

]]> By: JoeTaxpayer http://getoutofdebt.org/10918/25000-at-19-99-interest-what-can-i-do-%e2%80%93-elisabeth#comment-16816 JoeTaxpayer Tue, 01 Dec 2009 17:15:32 +0000 http://getoutofdebt.org/?p=10918#comment-16816 If you've been making those payments, you should have a good credit score. Look at a peer to peer lending site such as lendingclub. $20K 10% 5 years is a $425/mo payment. I've never borrowed or lent, and have no affiliation with any of them, but I've read good things in general about the concept. If you can get the loan, the risk is with the lender, you don't put up any money to get the loan. Alternately, try going to a local credit union for a different card. The difference between 10% and 20% is huge. I'm very sorry you didn't catch this sooner. (I'm not a big cyber hugger, but I do wish you well.) .-= JoeTaxpayer´s last blog ..<a href="http://feedproxy.google.com/~r/Joetaxpayer/~3/sT8JXvzap0Q/" rel="nofollow">My Financial Weekly Roundup</a> =-. If you’ve been making those payments, you should have a good credit score. Look at a peer to peer lending site such as lendingclub. $20K 10% 5 years is a $425/mo payment. I’ve never borrowed or lent, and have no affiliation with any of them, but I’ve read good things in general about the concept. If you can get the loan, the risk is with the lender, you don’t put up any money to get the loan.

Alternately, try going to a local credit union for a different card. The difference between 10% and 20% is huge. I’m very sorry you didn’t catch this sooner.

(I’m not a big cyber hugger, but I do wish you well.)
.-= JoeTaxpayer´s last blog ..My Financial Weekly Roundup =-.

]]>