$21000 Debt Consolidation Loan – Orange New Jersey, Credit Score Of 385
- Experian: 397 – They had a terrible Experian score
- Transunion: 373 – Delphia had a terrible credit score with Transunion.
- Equifax: Delphia’s Experian score was 385, which is a terrible credit rating on the Experian scale.
Delphia was declined by First Fidelity Bank, National Association, North Jersey 4 times before being granted funding by Orange Valley Bank at Main Street
On November 21, 2012, Delphia inquired about borrowing $16,000 from People’s Trust Company with Janell, their in law from just outside Orange, and even with the co-signer, Delphia was rejected for this debt consolidation loan. With terrible credit, it can be a challenge to obtain financing, even with collateral and a co-signer.
Several previous requests for credit have been made by Delphia in the past, including one from Pan American Bank of Palm Beach County in Orange, New Jersey before Delphia was approved for the $21000 by Orange Valley Bank
Delphia made 8 previous tries to obtain a debt consolidation loan, 2 of which were with Pan American Bank of Palm Beach County, a lender in Orange, New Jersey known to specialize in debt consolidation loans specifically. Prior to finding Orange Valley Bank, Delphia was desperate due to their inexperience and terrible credit rating.
Delphia has a low current gross income, but has a large amount of prospects
Delphia has always wanted to be an atm machine servicer, but would have to attend Morgan Community College again to achieve it. Delphia has other prospects as well, including plumber, animal control worker, and sales representative, which pay $53,000 through to $109,000 per year, at least. Because of this, we think that Delphia can pay for this debt consolidation loan of $21000.
8 Months Ago, Delphia Attempted Finding a High Risk Loan for $25,000.00, but They Didn’t Find What They were Expecting
It is an existing struggle for borrowers to get high risk loans in a safe manner. Many high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Delphia. Delphia chose not to get a high risk loan this time. High Risk loans are generally given by lenders to bad credit applicants. Individuals with credit ratings as low as 550 can inquire for a high risk loan and have a chance to be accepted.
Fast Loans for Delphia in Orange, New Jersey to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Orange, New Jersey aren’t actually that difficult to obtain, especially if you have some gumption like Delphia. Delphia was able to find a fast loan for $21000 from United Trust Bank and Princeton Bank, but turned down both offers in favor of their debt consolidation loan from Orange Valley 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 6 weeks for personal loans. A big difference if a client is on the go.
Contact Details for Orange Valley Bank, the provider of this debt consolidation loan
- Orange Valley Bank
- City: Orange
- State: New Jersey
- Address: Main Street
- County: Essex
- Zip code: 7050
When Delphia was 24, they attempted to obtain a student loan from 5 different banks, which damaged their credit score. Below is a chronology of Delphia’s previous attempts at finding a student loan:
- Attempt 1) Loan for $21,000.00 on February 7, 2014
- Attempt 2) Loan for $38,000.00 on November 26, 2009
- Attempt 3) Loan for $21,000.00 on August 15, 2009
- Attempt 4) Loan for $23,000.00 on June 16, 2009
- Attempt 5) Loan for $22,000.00 on May 1, 2010
Debt Consolidation Will Help Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Most debt consolidation loans vary from $36,000.00 to $45,000.00. They are typically used to pay off existing high interest loans like credit cards. Delphia needed a debt consolidation loan to pay for their existing debt consolidation loan and their credit card. Delphia was able to find a debt consolidation loan in the end. Debt consolidation, or simply 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 that are low, like 4.3%.
Previous requests on Delphia’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$51750.00||4||7.4%||$1248.84||The State Bank of North Jersey||June 10, 2010|
|$52200.00||9||6.8%||$647.55||Carteret Bank and Trust Company||April 16, 2011|
|$52330.00||7||8.2%||$820.85||United Jersey Bank/Northwest||October 26, 2012|
|$52410.00||5||7.8%||$1057.68||People’s Trust Company||January 13, 2013|
|$51680.00||5||7.8%||$1042.94||United Jersey Bank/Central||February 3, 2013|
Personal Loan for a baker named Delphia in Orange, New Jersey to Pay Off Fifth Third Bank Platinum MasterCard
Delphia had a lot of credit card debt on their The Bank Visa College Relationship Rewards and their Saratoga’s Community FCU Visa Platinum Card, and they were starting to get in over their heads. Despite Delphia’s job as a baker, they struggled to make payments on the $26,000.00 credit card balance, badly needing assistance in the form of a personal loan.
- Full name (Changed if requested): Delphia Chaddick
- Current Credit: loans.hit.utils.Fico@5197848c
- Current City: Orange
- State: New Jersey
- Zip code: 7052
- Yearly income: $38,000
- Current Job: baker
- Current County: Essex
- Goal Yearly Income: $142,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $5000
Signature Loan found in Orange, New Jersey for $21000 with terrible credit by Delphia
Many prospective borrowers struggle with finding signature loans in Orange, New Jersey, and Delphia is the same. Delphia went to 8 lenders or more prior to settling on Orange Valley Bank, who offered Delphia a signature loan for $21000. Typical signature loans simply need a client, like Delphia’s signature to obtain them, up to $20,000 in some cases. Delphia was able to get $21000 as a debt consolidation loan, which is very high for a debt consolidation loan. Because signature loans don’t need collateral, they generally need higher credit, as high as 768
Installment loan for Delphia, a graduate of Morgan Community College and a baker working for over $76,000 per year
Delphia, an alumnus at Morgan Community College and a baker in Orange, New Jersey wants a debt consolidation loan to purchase something frivolous. Delphia has instead decided to obtain an installment loan for $26,000 and is currently seeking lenders like The Bank of Sussex County to provide it.
Before applying for this debt consolidation loan, Delphia had an Experian score of 397, which is terrible, so Orange Valley Bank most likely cannot provide Delphia a debt consolidation loan
Delphia’s Transunion score was changed by the debt consolidation loan loan, changing to 373 from 385, which is typical in our experience.
Delphia’s Overall FICO score at the time of acceptance for a debt consolidation loan, taking into account their baker job and their future job as an atm machine servicer
Paraphrased and Standardized Quote from Delphia for this debt consolidation loan of $21000, provided by Orange Valley Bank
Hello, I am Delphia and I am from Orange in New Jersey. Essex, county is where I grew up, and now I need a debt consolidation loan in New Jersey for $21000 to buy a big ticket item. It wasn’t easy, but Orange Valley Bank really came through for me with this loan for 5.2% interest APR and a term of 23 years. I can probably repay the loan over the 23 year term, including interest. A big thanks to Orange Valley Bank for giving me a chance and my terrible credit. It look me 4 years to create my credit to 385, and I won’t harm it any future. I am happy with Find Texas Loans for helping me this far.
Conclusion of Delphia’s debt consolidation loan
In the end, Delphia was able to find a debt consolidation loan for $21000 with an interest rate of 11.4% interest APR from Orange Valley Bank in Orange, New Jersey repayable over 23 years from now.