$76000 Auto Loan – Easley South Carolina, Credit Score Of 835
- Experian: 848 – This client had an excellent Experian score
- Transunion: 820 – Alonso had an excellent credit score with Transunion.
- Equifax: Alonso’s Experian score was 835, which is an excellent credit score on the Experian scale.
Contact Details for CertusBank, National Association, the provider of this auto loan
- CertusBank, National Association
- City: Easley
- State: South Carolina
- Address: 6650 Calhoun Memorial Highway
- County: Pickens
- Zip code: 29640
Personal Loan for a database administrator named Alonso in Easley, South Carolina to Pay Off The Citadel Alumni Association Select Rewards Visa Platinum Card
Alonso had a lot of credit card debt on their Apple Barclaycard with iTunes Rewards Visa Card and their KeyBank Business Rewards MasterCard Credit Card, and they were starting to get in over their heads. Despite Alonso’s job as a database administrator, they struggled to make payments on the $29,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
Paraphrased and Standardized Quote from Alonso for this auto loan of $76000, provided by CertusBank, National Association
Hi, I am Alonso and I am from Easley in South Carolina. Pickens, county is where I grew up, and now I need a auto loan in South Carolina for $76000 to avoid bankruptcy. It has been difficult, but CertusBank, National Association really came through for me with this loan for 8.8% interest APR and a term of 13 years. I can repay the loan over the 13 year term, including interest. A big thanks to CertusBank, National Association for giving me a chance and my excellent credit. It look me 5 years to build my credit to 835, and I won’t tarnish it any future. I am happy with Find Texas Loans for assisting me this far.
- Full name (Changed if requested): Alonso Magnuson
- Current Credit: loans.hit.utils.Fico@65b3120a
- Current City: Easley
- State: South Carolina
- Zip code: 29647
- Yearly income: $63,000
- Current Job: database administrator
- Current County: Pickens
- Goal Yearly Income: $83,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $5000
When Alonso was 24, they tried to obtain a student loan from 7 different banks, which harmed their credit rating. Below is a chronology of Alonso’s prior attempts at finding a student loan:
- Attempt 1) Loan for $39,000.00 on January 18, 2010
- Attempt 2) Loan for $34,000.00 on July 13, 2009
- Attempt 3) Loan for $33,000.00 on January 4, 2012
- Attempt 4) Loan for $27,000.00 on June 16, 2009
- Attempt 5) Loan for $29,000.00 on April 3, 2009
- Attempt 6) Loan for $30,000.00 on April 11, 2013
- Attempt 7) Loan for $39,000.00 on September 19, 2010
Debt Consolidation Can Help Most Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Average debt consolidation loans range from $37,000.00 to $47,000.00. They are typically used to pay off existing high interest loans like credit cards. Alonso required a debt consolidation loan to pay for their existing auto loan and their payday loan. Alonso was able to find a auto loan in the end. Debt consolidation, or just consolidation, is a tactic in the strategic borrowing method which transfers your dirty, high interest loans to one reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 2.2%.
6 Months in the Past, Alonso Tried to Find a High Risk Loan for $37,000.00, and it was Easy
There is an existing struggle for clients to get high risk loans in a non-harmful way. a lot of high risk loans end up originating loan sharks or the like, which can be scary to borrowers like Alonso. Alonso decided not to get a high risk loan this time. High Risk loans are given to bad credit borrowers. Clients with credit scores as low as 596 can inquire for a high risk loan and have a chance to be approved.
Alonso’s Overall FICO score at the time of acceptance for an auto loan, taking into account their database administrator job and their future career as an education professor
Installment loan for Alonso, a graduate of Kansas State University and a database administrator working for over $60,000 per year
Alonso, an alumnus at Kansas State University and a database administrator in Easley, South Carolina needs an auto loan to purchase a house. Alonso has instead chosen to get an installment loan for $4,000 and is currently seeking lenders like Anderson Brothers Bank to provide it.
Fast Loans for Alonso in Easley, South Carolina to prevent bankruptcy or harm from debt collectors.
Fast loans in Easley, South Carolina aren’t actually that difficult to obtain, particularly if you have some finesse like Alonso. Alonso was able to find a fast loan for $76000 from American Bank & Trust and Farmers and Merchants Bank of South Carolina, but turned down both offers in favor of their auto loan from CertusBank, National Association. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 7 weeks for debt consolidation loans. An improvement in the case that you are in a time sensitive situation.
Alonso was not approved by The First National Bank of Sharon 7 times prior to being granted funding by CertusBank, National Association at 6650 Calhoun Memorial Highway
On May 12, 2010, Alonso inquired about borrowing $1,000 from The Peoples Bank with Carri, their friend from just outside Easley, and even with the co-signer, Alonso was rejected for this auto loan. With excellent credit, it can be difficult to obtain financing, even with collateral and a co-signer.
Several other requests for credit have been made by Alonso in the past, including one from Savannah Savings and Loan Association in Easley, South Carolina before Alonso was approved for the $76000 by CertusBank, National Association
Alonso made 7 previous tries to obtain an auto loan, 2 of which were with Savannah Savings and Loan Association, a bank in Easley, South Carolina known to specialize in auto loans specifically. Prior to finding CertusBank, National Association, Alonso was desperate due to their inexperience and excellent credit score.
Alonso has a low current gross income, but has several of prospects
Alonso has always wanted to be an education professor, but would have to attend Kansas State University again to become one. Alonso has other prospects as well, including pilot, atmospheric and space scientist, and controller, which pay $52,000 through to $95,000 per year, on average. For this reason, we believe that Alonso can afford this auto loan of $76000.
Before applying for this auto loan, Alonso had an Experian score of 848, which is excellent, so CertusBank, National Association most likely can provide Alonso an auto loan
Previous requests on Alonso’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$147350.00||11||10.1%||$1853.15||The Peoples Bank||October 28, 2010|
|$146750.00||9||7.3%||$1857.67||The Commercial Bank||May 29, 2012|
|$147170.00||4||9.7%||$3711.44||The Bank of Hartsville||July 6, 2013|
|$147430.00||6||11.1%||$2813.75||Farmers and Merchants Bank of South Carolina||October 4, 2013|
|$146640.00||5||10.8%||$3173.7||The Security Bank||December 3, 2013|
Signature Loan found in Easley, South Carolina for $76000 with excellent credit by Alonso
Many clients struggle with finding signature loans in Easley, South Carolina, and Alonso is not an exception. Alonso went to 7 lenders or more before settling on CertusBank, National Association, who offered Alonso a signature loan for $76000. Most signature loans simply require a client, like Alonso’s signature to obtain them, up to $43,000 in some cases. Alonso was able to get $76000 as a auto loan, which is very high for an auto loan. Because signature loans do not require collateral, they tend to need better credit, as high as 722
Alonso’s Transunion score was altered by the auto loan loan, changing to 820 from 835, which is normal in our experience.
Conclusion of Alonso’s auto loan
In the end, Alonso was able to find an auto loan for $76000 with an interest rate of 8.7% interest APR from CertusBank, National Association in Easley, South Carolina repayable over 13 years from today.