$111000 Private Loan – Harrodsburg Kentucky, Credit Rating Of 507
- Experian: 519 – They had a fair Experian rating
- Transunion: 489 – Reina had a fair credit score with Transunion.
- Equifax: Reina’s Experian score was 507, which is a fair credit score on the Experian rating scheme.
Before applying for this private loan, Reina had an Experian score of 519, which is fair, so First Financial Bank likely cannot provide Reina a private loan
Contact Details for First Financial Bank, the provider of this private loan
- First Financial Bank
- City: Harrodsburg
- State: Kentucky
- Address: 104 S Chiles St
- County: Mercer
- Zip code: 40330
When Reina was 20, they tried to obtain a student loan from 7 different lenders, which damaged their credit rating. Below is a list of Reina’s previous attempts at finding a student loan:
- Attempt 1) Loan for $38,000.00 on May 21, 2010
- Attempt 2) Loan for $31,000.00 on February 2, 2011
- Attempt 3) Loan for $30,000.00 on December 14, 2012
- Attempt 4) Loan for $29,000.00 on January 12, 2009
- Attempt 5) Loan for $37,000.00 on February 1, 2011
- Attempt 6) Loan for $24,000.00 on December 30, 2008
- Attempt 7) Loan for $25,000.00 on October 25, 2010
Reina’s Overall FICO score at the time of acceptance for a private loan, taking into account their automotive body repairer job and their future career as a biology professor
Paraphrased and Standardized Quote from Reina for this private loan of $111000, provided by First Financial Bank
Hi, I am Reina and my hometown is Harrodsburg in Kentucky. Mercer, county is where I grew up, and now I need a private loan in Kentucky for $111000 to avoid bankruptcy. It has been difficult, but First Financial Bank really came through for me with this loan for 10.8% interest APR and a term of 20 years. I can probably repay the loan over the 20 year term, including interest. A big thanks to First Financial Bank for giving me a chance and my fair credit. It look me 6 years to create my credit to 507, and I won’t tarnish it any more. I am pleased with Find Texas Loans for assisting me this far.
Installment loan for Reina, a graduate of Northwest Missouri State University and an automotive body repairer working for over $63,000 per year
Reina, an alumnus at Northwest Missouri State University and an automotive body repairer in Harrodsburg, Kentucky needs a private loan to purchase a car. Reina has instead chosen to get an installment loan for $12,000 and is currently seeking lenders like Bank of New Haven to process their request.
Several other requests for credit have been made by Reina in the past, including one from First Neighborhood Bank in Harrodsburg, Kentucky before Reina was approved for the $111000 by First Financial Bank
Reina made 6 previous tries to obtain a private loan, 2 of which were with First Neighborhood Bank, a lender in Harrodsburg, Kentucky known to specialize in private loans specifically. Before finding First Financial Bank, Reina was very concerned due to their inexperience and fair credit rating.
Debt Consolidation Can Assist Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Most debt consolidation loans range from $36,000.00 to $50,000.00. They are normally used to pay off existing high interest loans like credit cards. Reina required a debt consolidation loan to pay for their existing private loan and their loan shark loan. Reina was able to find a private loan in the end. Debt consolidation, or just consolidation, is a technique in the strategic borrowing method which transfers your dirty, high interest loans to one reduced interest loan. Debt consolidation loans usually have interest rates that are low, like 3.4%.
Reina has a very low current gross income, but has a high number of prospects
Reina has always wanted to be a biology professor, but would need attend Northwest Missouri State University again to achieve it. Reina has other possibilities as well, including casino slot machine mechanic, chief financial officer, and motorboat mechanic, which pay $58,000 through to $102,000 per year, at least. Because of this, we think that Reina can pay for this private loan of $111000.
8 Months in the Past, Reina Attempted Finding a High Risk Loan for $43,000.00, but They Didn’t Find What They were Expecting
It is an existing struggle for borrowers to find high risk loans in a non-harmful way. Many high risk loans end up originating loan sharks or similar lenders, which can be frightening to borrowers like Reina. Reina chose not to get a high risk loan this time. High Risk loans are given to bad credit individuals. Individuals with credit ratings as low as 487 can inquire for a high risk loan and possibly can be accepted.
Reina’s Transunion score was altered by the private loan loan, changing to 489 from 507, which is normal in our experience.
Personal Loan for an automotive body repairer named Reina in Harrodsburg, Kentucky to Pay Off Commerce Bank Miles Credit Card
Reina had a tonne of credit card debt on their Whitney Bank Credit Cards and their Boy Scouts of America Discover Credit Card, and they were starting to get in over their heads. Despite Reina’s job as an automotive body repairer, they struggled to make payments on the $20,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
- Full name (Changed if requested): Reina Pleas
- Current Credit: loans.hit.utils.Fico@3d012ddd
- Current City: Harrodsburg
- State: Kentucky
- Zip code: 40335
- Yearly income: $66,000
- Current Job: automotive body repairer
- Current County: Mercer
- Goal Yearly Income: $106,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $2000
Previous requests on Reina’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$135780.00||3||10.3%||$4400.39||Stock Yards Bank & Trust Company||August 11, 2011|
|$136200.00||8||5.3%||$1743.8||Farmers Deposit Bank of Brandenburg||April 5, 2012|
|$135900.00||8||9.6%||$2033.52||Citizens Bank||April 5, 2014|
|$135890.00||10||11.5%||$1910.55||Citizens Bank & Trust Company, Burgin, Kentucky||May 28, 2014|
Signature Loan found in Harrodsburg, Kentucky for $111000 with fair credit by Reina
Most prospective borrowers struggle with obtaining signature loans in Harrodsburg, Kentucky, and Reina is not an exception. Reina went to 4 lenders or more prior to finding First Financial Bank, who offered Reina a signature loan for $111000. Most signature loans simply need a client, like Reina’s signature to obtain them, up to $45,000 in some cases. Reina was able to get $111000 as a private loan, which is very high for a private loan. Since signature loans don’t require a cosigner, these loans tend to need higher credit, as high as 776
Fast Loans for Reina in Harrodsburg, Kentucky to prevent bankruptcy or harm from debt collectors.
Fast loans in Harrodsburg, Kentucky aren’t actually that difficult to obtain, particularly if you have some gumption like Reina. Reina was able to find a fast loan for $111000 from Hyden Citizens Bank and Ascencia Bank, but turned down both offers in favor of their private loan from First Financial Bank. The improvement with a fast loan over a personal loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. A big difference in the case that you are in a time sensitive situation.
Reina was rejected by Bank of Livingston County 5 times before being accepted by First Financial Bank at 104 S Chiles St
On March 25, 2010, Reina inquired about borrowing $43,000 from Community Financial Services Bank with Carroll, their friend from just outside Harrodsburg, and even with the co-signer, Reina was rejected for this private loan. With fair credit, it can be difficult to procure financing, even with collateral and a co-signer.
Conclusion of Reina’s private loan
In the end, Reina was able to find a private loan for $111000 with an interest rate of 10.7% interest APR from First Financial Bank in Harrodsburg, Kentucky repayable over 20 years from today.