$168000 Consolidation Loan – West Palm Beach Florida, Credit Score Of 532
- Experian: 549 – This individual had a fair Experian rating
- Transunion: 517 – Raye had a fair credit score with Transunion.
- Equifax: Raye’s Experian score was 532, which is a fair credit score with the Experian rating scheme.
Fast Loans for Raye in West Palm Beach, Florida to prevent bankruptcy or harm from debt collectors.
Fast loans in West Palm Beach, Florida aren’t actually that difficult to obtain, especially if you have some gumption like Raye. Raye was able to find a fast loan for $168000 from The Broadway National Bank of Tampa and Sun Bank and Trust Company, but declined both offers in favor of their consolidation loan from FLAGLER BANK. The difference with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 7 weeks for personal loans. An improvement if you are on the go.
Before applying for this consolidation loan, Raye had an Experian score of 549, which is fair, so FLAGLER BANK probably cannot provide Raye a consolidation loan
Raye has a disappointing current gross income, but has a high number of prospects
Raye has always wanted to be a retail inventory control analyst, but would have to attend University of Utah again to achieve it. Raye has other possibilities as well, including desktop publishing specialist, medical secretary, and home appliance installer, which pay $53,000 through to $97,000 per year, at least. Because of this, we think that Raye can pay for this consolidation loan of $168000.
Raye was rejected by Southern Exchange Bank 7 times prior to being accepted by FLAGLER BANK at 1801 Forest Hill Boulevard
On December 3, 2011, Raye inquired about borrowing $40,000 from Barnett Bank of Putnam County with Anibal, their friend from just outside West Palm Beach, and even with the co-signer, Raye was rejected for this consolidation loan. With fair credit, it can be challenging to obtain funding, even with collateral and a co-signer.
When Raye was 19, they tried to obtain a student loan from 5 different banks, which harmed their credit rating. Below is a chronology of Raye’s previous attempts at finding a student loan:
- Attempt 1) Loan for $25,000.00 on September 24, 2013
- Attempt 2) Loan for $26,000.00 on October 2, 2010
- Attempt 3) Loan for $34,000.00 on May 13, 2009
- Attempt 4) Loan for $32,000.00 on March 2, 2012
- Attempt 5) Loan for $23,000.00 on September 11, 2009
Paraphrased and Standardized Quote from Raye for this consolidation loan of $168000, provided by FLAGLER BANK
Hi, I am Raye and I’m from West Palm Beach in Florida. Palm Beach, county is where I grew up, and now I need a consolidation loan in Florida for $168000 to avoid bankruptcy. It wasn’t easy, but FLAGLER BANK really came through for me with this loan for 7.0% interest APR and a term of 12 years. I can repay the loan over the 12 year term, including interest. A big thanks to FLAGLER BANK for giving me a chance and my fair credit. It look me 5 years to create my credit to 532, and I won’t harm it any future. I am happy with Find Texas Loans for assisting me this far.
Signature Loan easily acquired in West Palm Beach, Florida for $168000 with fair credit by Raye
A lot of borrowers have difficulty with obtaining signature loans in West Palm Beach, Florida, and Raye is not an exception. Raye went to 6 lenders or more prior to settling on FLAGLER BANK, who offered Raye a signature loan for $168000. Typical signature loans simply need a client, like Raye’s signature to obtain them, up to $28,000 in some cases. Raye was able to get $168000 as a consolidation loan, which is very high for a consolidation loan. Since signature loans do not require collateral, they generally require higher credit, as high as 786
Raye’s Transunion score was altered by the consolidation loan loan, changing to 517 from 532, which is normal in our experience.
Several other requests for credit have been made by Raye in the past, including one from Southwest Federal Savings Association in West Palm Beach, Florida before Raye was approved for the $168000 by FLAGLER BANK
Raye made 4 previous tries to obtain a consolidation loan, 2 of which were with Southwest Federal Savings Association, a lender in West Palm Beach, Florida known to specialize in consolidation loans specifically. Before finding FLAGLER BANK, Raye was concerned due to their inexperience and fair credit score.
6 Months Ago, Raye Tried to Find a High Risk Loan for $31,000.00, and it was Hard
It is an well known struggle for borrowers to get high risk loans in a non-harmful manner. a lot of high risk loans end up originating loan sharks or the like, which can be frightening to borrowers like Raye. Raye chose not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to very low credit clients. Clients with credit scores as low as 439 can apply for a high risk loan and may be be approved.
Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks
Normal debt consolidation loans vary from $28,000.00 to $41,000.00. They are normally used to pay off existing high interest loans like credit cards. Raye required a debt consolidation loan to pay for their existing consolidation loan and their credit card. Raye was able to find a consolidation loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which converts your less desirable, high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates as low as 2.2%.
Contact Details for FLAGLER BANK, the provider of this consolidation loan
- FLAGLER BANK
- City: West Palm Beach
- State: Florida
- Address: 1801 Forest Hill Boulevard
- County: Palm Beach
- Zip code: 33406
Previous requests on Raye’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$73410.00||4||7.3%||$1768.13||NCNB National Bank of Florida||April 6, 2009|
|$72800.00||3||5.2%||$2188.42||Southeast Bank of Madison County, National Association||October 16, 2009|
|$73140.00||4||9.3%||$1830.53||Southeast Bank of Wildwood||June 1, 2012|
|$73180.00||4||9.3%||$1831.53||Atlantic Bank of Jacksonville||January 27, 2013|
Installment loan for Raye, a graduate of University of Utah and a corporation lawyer working for over $79,000 per year
Raye, an alumnus at University of Utah and a corporation lawyer in West Palm Beach, Florida needs a consolidation loan to purchase something frivolous. Raye has instead decided to obtain an installment loan for $9,000 and is currently seeking lenders like Southeast Bank of Wildwood to process their request.
- Full name (Changed if requested): Raye Duhon
- Current Credit: loans.hit.utils.Fico@531d72ca
- Current City: West Palm Beach
- State: Florida
- Zip code: 33413
- Yearly income: $40,000
- Current Job: corporation lawyer
- Current County: Palm Beach
- Goal Yearly Income: $82,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Personal Loan for a corporation lawyer named Raye in West Palm Beach, Florida to Pay Off Old Navy Visa Card
Raye had a tonne of credit card debt on their Citizens Bank Cash Back Plus World MasterCard and their US Bank Perks+ Visa Platinum Card, and they were starting to get in over their heads. Despite Raye’s job as a corporation lawyer, they struggled to make payments on the $28,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Raye’s Overall FICO score at the time of acceptance for a consolidation loan, taking into account their corporation lawyer job and their future job as a retail inventory control analyst
Conclusion of Raye’s consolidation loan
In the end, Raye was able to find a consolidation loan for $168000 with an interest rate of 7.1% interest APR from FLAGLER BANK in West Palm Beach, Florida repayable over 12 years from today.