$56000 Direct Loan – Urbana Iowa, Credit Score Of 712
- Experian: 726 – This individual had a good Experian score
- Transunion: 696 – Delphia had a good credit rating with Transunion.
- Equifax: Delphia’s Experian score was 712, which is a good credit score on the Experian rating scheme.
Debt Consolidation Will Help Any Deeply Indebted Borrower to Escape Bad Debts like Credit Card Debt
Most debt consolidation loans range from $38,000.00 to $55,000.00. 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 direct loan and their payday loan. Delphia was able to find a direct loan in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which converts your dirty, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans generally have interest rates that are low, like 2.7%.
Delphia’s Overall FICO score at the time of acceptance for a direct loan, taking into account their retail customer service representative job and their future job as a tax lawyer
Delphia has a low current total income, but has several of prospects
Delphia has always wanted to be a tax lawyer, but would have to attend Baylor College of Dentistry of Tx A&M Health Sci Ctr again to become one. Delphia has other prospects as well, including aircraft launch and recovery officer, industrial engineering technician, and broadcast technician, which pay $53,000 through to $103,000 per year, at least. Because of this, we believe that Delphia can afford this direct loan of $56000.
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|
|$136210.00||9||11.3%||$2014.85||Mills County Bank National Association||January 23, 2011|
|$135630.00||4||11.2%||$3518.62||Postville State Bank||January 12, 2014|
|$136370.00||3||5.5%||$4117.82||Washington State Bank||August 9, 2014|
|$135860.00||11||10.5%||$1739.61||Rippey Savings Bank||February 27, 2015|
|$135740.00||6||10.8%||$2569.8||Iowa State Bank||August 26, 2015|
Personal Loan for a retail customer service representative named Delphia in Urbana, Iowa to Pay Off Maurices Credit Card
Delphia had a lot of credit card debt on their FirstBank Southwest Credit Cards and their Malvern Federal Savings Bank Travel Rewards American Express Card, and they were starting to get in over their heads. Despite Delphia’s job as a retail customer service representative, they struggled to make payments on the $25,000.00 credit card balance, badly needing assistance in the form of a personal loan.
7 Months Ago, Delphia Attempted Finding a High Risk Loan for $48,000.00, and it was Hard
It is an well known struggle for clients to find high risk loans in a non-harmful manner. Many high risk loans end up coming from loan sharks or the like, 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 very low credit clients. Individuals with credit ratings as low as 325 can inquire for a high risk loan and have a chance to be accepted.
Installment loan for Delphia, a graduate of Baylor College of Dentistry of Tx A&M Health Sci Ctr and a retail customer service representative working for over $60,000 per year
Delphia, an alumnus at Baylor College of Dentistry of Tx A&M Health Sci Ctr and a retail customer service representative in Urbana, Iowa needs a direct loan to purchase a new cell phone. Delphia has instead decided to obtain an installment loan for $17,000 and is currently seeking lenders like The First Trust & Savings Bank to provide it.
Paraphrased and Standardized Quote from Delphia for this direct loan of $56000, provided by Urbana Savings Bank
Hello, I am Delphia and I’m from Urbana in Iowa. Benton, county is where I grew up, and now I need a direct loan in Iowa for $56000 to renovate my home. It wasn’t easy, but Urbana Savings Bank really came through for me with this loan for 5.8% interest APR and a term of 8 years. I can repay the loan over the 8 year term, including interest. A big thanks to Urbana Savings Bank for giving me a chance and my good credit. It look me 8 years to create my credit to 712, and I won’t tarnish it any future. I’m pleased with Find Texas Loans for assisting me this far.
Several previous requests for credit have been made by Delphia in the past, including one from Bank of Palatine in Urbana, Iowa before Delphia was accepted for the $56000 by Urbana Savings Bank
Delphia made 8 previous tries to obtain a direct loan, 2 of which were with Bank of Palatine, a lender in Urbana, Iowa known to specialize in direct loans specifically. Prior to finding Urbana Savings Bank, Delphia was very concerned due to their inexperience and good credit score.
Delphia’s Transunion score was changed by the direct loan loan, changing to 696 from 712, which is normal in our experience.
- Full name (Changed if requested): Delphia Seavey
- Current Credit: loans.hit.utils.Fico@1a6c5a9e
- Current City: Urbana
- State: Iowa
- Zip code: 52346
- Yearly income: $58,000
- Current Job: retail customer service representative
- Current County: Benton
- Goal Yearly Income: $140,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $3000
Delphia was not approved by West Side State Savings Bank 7 times before being accepted by Urbana Savings Bank at Main Street
On April 23, 2012, Delphia inquired about borrowing $45,000 from Iowa State Bank with Shirleen, their friend from just outside Urbana, and even with the co-signer, Delphia was rejected for this direct loan. With good credit, it can be a challenge to procure funding, even with collateral and a co-signer.
Contact Details for Urbana Savings Bank, the provider of this direct loan
- Urbana Savings Bank
- City: Urbana
- State: Iowa
- Address: Main Street
- County: Benton
- Zip code: 52345
When Delphia was 19, they attempted to obtain a student loan from 7 alternate lenders, which harmed their credit rating. Below is a list of Delphia’s prior attempts at finding a student loan:
- Attempt 1) Loan for $31,000.00 on November 9, 2009
- Attempt 2) Loan for $38,000.00 on February 1, 2011
- Attempt 3) Loan for $29,000.00 on February 27, 2009
- Attempt 4) Loan for $33,000.00 on April 2, 2013
- Attempt 5) Loan for $29,000.00 on April 20, 2010
- Attempt 6) Loan for $35,000.00 on June 28, 2009
- Attempt 7) Loan for $24,000.00 on December 12, 2011
Signature Loan acquired in Urbana, Iowa for $56000 with good credit by Delphia
Many borrowers struggle with obtaining signature loans in Urbana, Iowa, and Delphia is the same. Delphia went to 8 lenders or more before settling on Urbana Savings Bank, who offered Delphia a signature loan for $56000. Typical signature loans simply require a client, like Delphia’s signature to get them, up to $27,000 in some cases. Delphia was able to get $56000 as a direct loan, which is very high for a direct loan. Because signature loans do not require collateral, these loans generally require improved credit, as high as 743
Fast Loans for Delphia in Urbana, Iowa to prevent bankruptcy or broken legs from debt collectors.
Fast loans in Urbana, Iowa aren’t actually that difficult to obtain, especially if you have some gumption like Delphia. Delphia was able to find a fast loan for $56000 from Brenton State Bank of Jefferson and Mills County Bank National Association, but turned down both offers in favor of their direct loan from Urbana Savings Bank. The difference with a fast loan over a debt consolidation loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for debt consolidation loans. Much better in the case that a client is in a time sensitive situation.
Before applying for this direct loan, Delphia had an Experian score of 726, which is good, so Urbana Savings Bank probably cannot provide Delphia a direct loan
Conclusion of Delphia’s direct loan
In the end, Delphia was able to find a direct loan for $56000 with an interest rate of 6.0% interest APR from Urbana Savings Bank in Urbana, Iowa repayable over 8 years from today.