Do you have over $10,000 in Debt? Get Help now.

Debt Consolidation Loan For $32000 Near 37901, Tennessee With A Credit Score Of 621

$32000 Debt Consolidation Loan – Knoxville Tennessee, Credit Score Of 621

  • Experian: 638 – This client had a good Experian score
  • Transunion: 602 – Tommye had a good credit score with Transunion.
  • Equifax: Tommye’s Experian score was 621, which is a good credit score using the Experian scale.

Contact Details for Union Planters Bank of East Tennessee, National Association, the provider of this debt consolidation loan

  • Union Planters Bank of East Tennessee, National Association
  • City: Knoxville
  • State: Tennessee
  • Address: 900 Gay Street
  • County: Knox
  • Zip code: 37901

Fast Loans for Tommye in Knoxville, Tennessee to prevent bankruptcy or bodily harm from debt collectors.

Fast loans in Knoxville, Tennessee aren’t actually that difficult to obtain, especially if you have some gumption like Tommye. Tommye was able to find a fast loan for $32000 from Merchants and Planters Bank and First Farmers and Merchants Bank, but turned down both offers in favor of their debt consolidation loan from Union Planters Bank of East Tennessee, National Association. The improvement with a fast loan over a installment loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 6 weeks for debt consolidation loans. A big improvement if a borrower is in a pinch.

When Tommye was 20, they attempted to obtain a student loan from 5 different banks, which damaged their credit rating. Below is a list of Tommye’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $22,000.00 on February 20, 2010
  • Attempt 2) Loan for $34,000.00 on January 23, 2011
  • Attempt 3) Loan for $28,000.00 on June 13, 2009
  • Attempt 4) Loan for $34,000.00 on September 18, 2010
  • Attempt 5) Loan for $38,000.00 on January 27, 2010
Client Profile: Tommye Hilley of Knoxville, Tennessee
  • Full name (Changed if requested): Tommye Hilley
  • Current Credit: loans.hit.utils.Fico@65b3120a
  • Current City: Knoxville
  • State: Tennessee
  • Zip code: 37910
  • Yearly income: $58,000
  • Current Job: structural drafter
  • Current County: Knox
  • Goal Yearly Income: $100,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $2000

8 Months Ago, Tommye Tried to Find a High Risk Loan for $45,000.00, and it was Hard

It is an ongoing struggle for clients to get high risk loans in a non-harmful way. a lot of high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Tommye. Tommye decided not to obtain a high risk loan this time. High Risk loans are generally given by lenders to bad credit borrowers. Individuals with credit scores as low as 363 can apply for a high risk loan and possibly can be approved.

Personal Loan for a structural drafter named Tommye in Knoxville, Tennessee to Pay Off Tioga State Bank Visa Signature Bonus Rewards PLUS Card

Tommye had a tonne of credit card debt on their The Williams-Sonoma Visa Signature Card and their United Workers Federal Credit Union Visa Choice Credit Card, and they were starting to get in over their heads. Despite Tommye’s job as a structural drafter, they struggled to make payments on the $24,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Several past requests for credit have been made by Tommye in the past, including one from First Delta Bank in Knoxville, Tennessee before Tommye was approved for the $32000 by Union Planters Bank of East Tennessee, National Association

Tommye made 4 previous attempts to obtain a debt consolidation loan, 2 of which were with First Delta Bank, a lending institution in Knoxville, Tennessee known to specialize in debt consolidation loans specifically. Prior to finding Union Planters Bank of East Tennessee, National Association, Tommye was desperate due to their inexperience and good credit rating.

Tommye’s Transunion score was altered by the debt consolidation loan loan, changing to 602 from 621, which is normal in our experience.

Transunion Score: 602

Tommye has a very low current gross income, but has a high number of prospects

Tommye has always wanted to be an excavating machine operator, but would have to attend Anthem College – Maryland Heights again to achieve it. Tommye has other prospects as well, including physical therapy assistant, veterinary assistant, and industrial health engineer, which pay $50,000 through to $96,000 per year, on average. For this reason, we think that Tommye can afford this debt consolidation loan of $32000.

Debt Consolidation Will Assist Most Deeply Indebted Borrower to Escape Bad Debts like Payday Loans

Average debt consolidation loans vary from $27,000.00 to $42,000.00. They are typically used to pay off existing high interest loans like credit cards. Tommye required a debt consolidation loan to pay for their existing debt consolidation loan and their loan shark loan. Tommye was able to find a debt consolidation loan in the end. Debt consolidation, or simply consolidation, is a tactic in the strategic borrowing method which changes your bad, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 3.7%.

Paraphrased and Standardized Quote from Tommye for this debt consolidation loan of $32000, provided by Union Planters Bank of East Tennessee, National Association

Hello, I am Tommye and I’m from Knoxville in Tennessee. Knox, county is where I grew up, and now I need a debt consolidation loan in Tennessee for $32000 to buy a car. It has been difficult, but Union Planters Bank of East Tennessee, National Association really came through for me with this loan for 8.6% interest APR and a term of 17 years. I will repay the loan over the 17 year term, including interest. A big thanks to Union Planters Bank of East Tennessee, National Association for trusting me and my good credit. It look me 5 years to create my credit to 621, and I won’t tarnish it any future. I’m pleased with Find Texas Loans for helping me this far.

Before applying for this debt consolidation loan, Tommye had an Experian score of 638, which is good, so Union Planters Bank of East Tennessee, National Association most likely can provide Tommye a debt consolidation loan

Experian Score: 638

Previous requests on Tommye’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$104900.00 7 11.7% $1834.98 Citizens Bank December 27, 2010
$104580.00 6 5.3% $1698.85 SunTrust Bank, Chattanooga, National Association June 26, 2011
$105380.00 6 6.2% $1756.42 GreenBank October 29, 2011
$105250.00 3 10.5% $3420.88 CommunityFIRST Bank May 15, 2012

Signature Loan easily acquired in Knoxville, Tennessee for $32000 with good credit by Tommye

A lot of borrowers struggle with obtaining signature loans in Knoxville, Tennessee, and Tommye is not an exception. Tommye went to 4 lenders or more before settling on Union Planters Bank of East Tennessee, National Association, who offered Tommye a signature loan for $32000. Typical signature loans simply require a client, like Tommye’s signature to get them, up to $29,000 in some cases. Tommye was able to get $32000 as a debt consolidation loan, which is very high for a debt consolidation loan. Because signature loans don’t need collateral, they generally require better credit, as high as 757

Tommye’s Overall FICO score at the time of acceptance for a debt consolidation loan, taking into account their structural drafter job and their future job as an excavating machine operator

Fico Score: 621

Tommye was rejected by Farmers Bank 4 times before being approved by Union Planters Bank of East Tennessee, National Association at 900 Gay Street

On November 17, 2009, Tommye applied about borrowing $9,000 from Bells Banking Company with Jan, their in law from just outside Knoxville, and even with the co-signer, Tommye was rejected for this debt consolidation loan. With good credit, it can be difficult to procure funding, even with collateral and a co-signer.

Installment loan for Tommye, a graduate of Anthem College – Maryland Heights and a structural drafter working for over $70,000 per year

Tommye, an alumnus at Anthem College – Maryland Heights and a structural drafter in Knoxville, Tennessee wants a debt consolidation loan to purchase a new cell phone. Tommye has instead decided to get an installment loan for $29,000 and is at present seeking lenders like Bank of Crockett to process their request.

Conclusion of Tommye’s debt consolidation loan

In the end, Tommye was able to find a debt consolidation loan for $32000 with an interest rate of 8.8% interest APR from Union Planters Bank of East Tennessee, National Association in Knoxville, Tennessee repayable over 17 years from now.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Names of borrowers and lenders have been modified, substituted, or fictionalized for search and privacy purposes. Information presented here is for entertainment purposes only and should not be interpreted as the truth.