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Chantelle Wanted A No Collateral Loan For $12000, Chattanooga, Tennessee

$12000 No Collateral Loan – Chattanooga Tennessee, Credit Rating Of 353

  • Experian: 371 – This individual had a terrible Experian score
  • Transunion: 338 – Chantelle had a terrible credit rating with Transunion.
  • Equifax: Chantelle’s Experian score was 353, which is a terrible credit score with the Experian scale.

Fast Loans for Chantelle in Chattanooga, Tennessee to prevent bankruptcy or harm from debt collectors.

Fast loans in Chattanooga, Tennessee aren’t actually that difficult to obtain, particularly if you have some finesse like Chantelle. Chantelle was able to find a fast loan for $12000 from United Southern Bank of Humphreys County and Peoples Bank & Trust Company, but declined both offers in favor of their no collateral loan from Pioneer Bank. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 5 weeks for personal loans. Much better in the case that you are in a pinch.

When Chantelle was 20, they tried to obtain a student loan from 5 alternate lenders, which harmed their credit score. Below is a list of Chantelle’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $24,000.00 on April 24, 2009
  • Attempt 2) Loan for $22,000.00 on August 1, 2011
  • Attempt 3) Loan for $31,000.00 on July 12, 2010
  • Attempt 4) Loan for $38,000.00 on August 23, 2009
  • Attempt 5) Loan for $32,000.00 on January 8, 2013

Chantelle’s Overall FICO score at the time of acceptance for a no collateral loan, taking into account their air crew officer job and their future job as an environmental research analyst

Fico Score: 353

Personal Loan for an air crew officer named Chantelle in Chattanooga, Tennessee to Pay Off KeyBank Key2More Rewards MasterCard Credit Card

Chantelle had a tonne of credit card debt on their FirstMerit Bank MasterCard and their UNFCU Classic Credit Card, and they were starting to get in over their heads. Despite Chantelle’s job as an air crew officer, they struggled to make payments on the $28,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Many past requests for credit have been made by Chantelle in the past, including one from Bank One, National Association in Chattanooga, Tennessee before Chantelle was approved for the $12000 by Pioneer Bank

Chantelle made 6 previous attempts to obtain a no collateral loan, 2 of which were with Bank One, National Association, a lender in Chattanooga, Tennessee known to specialize in no collateral loans specifically. Prior to finding Pioneer Bank, Chantelle was concerned due to their inexperience and terrible credit rating.

Signature Loan found in Chattanooga, Tennessee for $12000 with terrible credit by Chantelle

Many borrowers struggle with obtaining signature loans in Chattanooga, Tennessee, and Chantelle is the same. Chantelle went to 8 lending institutions or more prior to finding Pioneer Bank, who offered Chantelle a signature loan for $12000. Typical signature loans simply require a client, like Chantelle’s signature to obtain them, up to $44,000 in some cases. Chantelle was able to get $12000 as a no collateral loan, which is very high for a no collateral loan. Because signature loans don’t need collateral, they tend to require improved credit, as high as 779

8 Months in the Past, Chantelle Attempted Finding a High Risk Loan for $35,000.00, and it was Hard

It is an existing struggle for borrowers to find high risk loans in a safe way. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be frightening to borrowers like Chantelle. Chantelle chose not to get a high risk loan this time. High Risk loans are given to very low credit applicants. Individuals with credit scores as low as 493 can inquire for a high risk loan and have a chance to be approved.

Client Profile: Chantelle Gudmundson of Chattanooga, Tennessee
  • Full name (Changed if requested): Chantelle Gudmundson
  • Current Credit: loans.hit.utils.Fico@1d56ce6a
  • Current City: Chattanooga
  • State: Tennessee
  • Zip code: 37407
  • Yearly income: $42,000
  • Current Job: air crew officer
  • Current County: Hamilton
  • Goal Yearly Income: $137,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000

Debt Consolidation Can Help Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt

Normal debt consolidation loans vary from $38,000.00 to $55,000.00. They are mainly used to pay off existing high interest loans like credit cards. Chantelle required a debt consolidation loan to pay for their existing no collateral loan and their credit card. Chantelle was able to find a no collateral loan in the end. Debt consolidation, or just consolidation, is a technique in the debt snowball method which converts your bad, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans usually have interest rates as low as 4.0%.

Chantelle has a sad current gross income, but has a large amount of prospects

Chantelle has always wanted to be an environmental research analyst, but would have to attend Saint Mary’s University of Minnesota again to achieve it. Chantelle has other possibilities as well, including police officer, animal breeder, and communications professor, which pay $54,000 through to $98,000 per year, at least. For this reason, we think that Chantelle can afford this no collateral loan of $12000.

Chantelle was declined by First Tennessee Bank 6 times before being accepted by Pioneer Bank at 801 Broad Street

On February 9, 2012, Chantelle applied about borrowing $36,000 from The Bank of Goodlettsville with Mabel, their in law from just outside Chattanooga, and even with the co-signer, Chantelle was rejected for this no collateral loan. With terrible credit, it can be a challenge to procure funding, even with collateral and a co-signer.

Chantelle’s Transunion score was changed by the no collateral loan loan, changing to 338 from 353, which is typical in our experience.

Transunion Score: 338

Contact Details for Pioneer Bank, the provider of this no collateral loan

  • Pioneer Bank
  • City: Chattanooga
  • State: Tennessee
  • Address: 801 Broad Street
  • County: Hamilton
  • Zip code: 37401

Installment loan for Chantelle, a graduate of Saint Mary’s University of Minnesota and an air crew officer working for over $62,000 per year

Chantelle, an alumnus at Saint Mary’s University of Minnesota and an air crew officer in Chattanooga, Tennessee wants a no collateral loan to purchase something frivolous. Chantelle has instead chosen to get an installment loan for $14,000 and is at present seeking lenders like UBank to process their request.

Paraphrased and Standardized Quote from Chantelle for this no collateral loan of $12000, provided by Pioneer Bank

Hi, I am Chantelle and I’m from Chattanooga in Tennessee. Hamilton, county is where I grew up, and now I need a no collateral loan in Tennessee for $12000 to buy a car. It has been difficult, but Pioneer Bank really came through for me with this loan for 7.4% interest APR and a term of 12 years. I can repay the loan over the 12 year term, including interest. A big thanks to Pioneer Bank for trusting me and my terrible credit. It look me 4 years to build my credit to 353, and I won’t tarnish it any future. I am pleased with Find Texas Loans for assisting me this far.

Previous requests on Chantelle’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$54200.00 8 9.2% $799.68 Citizens Bank April 2, 2013
$53640.00 5 5.2% $1017.18 SunTrust Bank, Chattanooga, National Association July 28, 2013
$54350.00 7 6.3% $801.81 GreenBank September 4, 2013
$54210.00 6 6.3% $906.11 CommunityFIRST Bank September 23, 2014
$54470.00 7 8.7% $868.1 Bank of Belfast April 5, 2015

Before applying for this no collateral loan, Chantelle had an Experian score of 371, which is terrible, so Pioneer Bank probably can provide Chantelle a no collateral loan

Experian Score: 371

Conclusion of Chantelle’s no collateral loan

In the end, Chantelle was able to find a no collateral loan for $12000 with an interest rate of 10.5% interest APR from Pioneer Bank in Chattanooga, Tennessee repayable over 12 years from today.

Will Alexander

Will Alexander has over 10 years of experience as a financial expert and writer. The goal of his work is to assist the people of Texas in finding loans for lower interest rates than they thought were possible. Will specializes in bad credit loans.

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