$72000 Auto Loan – Woodhaven New York, Credit Score Of 611
- Experian: 627 – This client had a good Experian score
- Transunion: 599 – Dierdre had a good credit rating with Transunion.
- Equifax: Dierdre’s Experian score was 611, which is a good credit score on the Experian system.
Dierdre has a low current total income, but has a high number of prospects
Dierdre has always wanted to be a photo-optics technician, but would need attend University of Saint Mary again to achieve it. Dierdre has other possibilities as well, including student financial aid administrator, veterinarian technician, and materials inspector, which pay $54,000 through to $94,000 per year, at least. Because of this, we think that Dierdre can afford this auto loan of $72000.
Multiple past requests for credit have been made by Dierdre in the past, including one from Society Bank, Winamac in Woodhaven, New York before Dierdre was accepted for the $72000 by Community Federal Savings Bank
Dierdre made 9 previous attempts to obtain an auto loan, 2 of which were with Society Bank, Winamac, a lender in Woodhaven, New York known to specialize in auto loans specifically. Prior to finding Community Federal Savings Bank, Dierdre was desperate due to their inexperience and good credit score.
7 Months in the Past, Dierdre Attempted Finding a High Risk Loan for $42,000.00, and it was Hard
There is an well known struggle for borrowers to get high risk loans in a non-harmful way. a lot of high risk loans end up coming from loan sharks or the like, which can be physically harmful to borrowers like Dierdre. Dierdre chose not to obtain a high risk loan this time. High Risk loans are given to bad credit applicants. Clients with credit scores as low as 435 can apply for a high risk loan and have a chance to be accepted.
Personal Loan for a petroleum engineer named Dierdre in Woodhaven, New York to Pay Off Saratoga’s Community FCU Visa Platinum Card
Dierdre had a tonne of credit card debt on their USAA Cash Rewards American Express and their Jeff Bank Visa Signature Bonus Rewards Card, and they were starting to get in over their heads. Despite Dierdre’s job as a petroleum engineer, they struggled to make payments on the $29,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Previous requests on Dierdre’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$148320.00||10||10.6%||$2009.67||Bankers Trust Company of Albany, National Association||May 11, 2010|
|$147850.00||7||8.7%||$2356.32||Montgomery County Trust Company||May 20, 2013|
|$148390.00||4||11.2%||$3849.65||Bank of Avoca||March 8, 2014|
|$148180.00||11||5.2%||$1476.44||The State Bank of Belmont||September 11, 2014|
|$147730.00||11||7.2%||$1623.44||Fleet Bank of New York, National Association||April 23, 2015|
Debt Consolidation Can Assist Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Normal debt consolidation loans vary from $37,000.00 to $54,000.00. They are normally used to pay off existing high interest loans like credit cards. Dierdre needed a debt consolidation loan to pay for their existing auto loan and their credit card. Dierdre 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, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates as low as 4.2%.
Dierdre’s Overall FICO score at the time of acceptance for an auto loan, taking into account their petroleum engineer job and their future job as a photo-optics technician
Fast Loans for Dierdre in Woodhaven, New York to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Woodhaven, New York aren’t actually that difficult to obtain, particularly if you have some gumption like Dierdre. Dierdre was able to find a fast loan for $72000 from Lewis County Trust Company and The Cohocton State Bank, but declined both offers in favor of their auto loan from Community Federal Savings Bank. The difference with a fast loan over a installment loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 6 weeks for installment loans. A big improvement in the case that a borrower is in a pinch.
Before applying for this auto loan, Dierdre had an Experian score of 627, which is good, so Community Federal Savings Bank likely cannot provide Dierdre an auto loan
Dierdre was rejected by Tompkins Trust Company 7 times before being approved by Community Federal Savings Bank at 89-07 Jamaica Avenue
On May 5, 2014, Dierdre applied about borrowing $48,000 from The State Bank of Belmont with Mittie, their in law from just outside Woodhaven, and even with the co-signer, Dierdre was rejected for this auto loan. With good credit, it can be challenging to procure funding, even with collateral and a co-signer.
When Dierdre was 19, they tried to obtain a student loan from 6 alternate lenders, which harmed their credit rating. Below is a chronology of Dierdre’s prior attempts at finding a student loan:
- Attempt 1) Loan for $30,000.00 on December 6, 2009
- Attempt 2) Loan for $33,000.00 on August 11, 2011
- Attempt 3) Loan for $37,000.00 on December 22, 2012
- Attempt 4) Loan for $20,000.00 on January 1, 2009
- Attempt 5) Loan for $24,000.00 on December 3, 2010
- Attempt 6) Loan for $22,000.00 on February 19, 2011
Signature Loan easily acquired in Woodhaven, New York for $72000 with good credit by Dierdre
Most prospective borrowers have difficulty with finding signature loans in Woodhaven, New York, and Dierdre is no different. Dierdre went to 5 lenders or more before settling on Community Federal Savings Bank, who offered Dierdre a signature loan for $72000. Typical signature loans simply need a client, like Dierdre’s signature to obtain them, up to $40,000 in some cases. Dierdre was able to get $72000 as a auto loan, which is very high for an auto loan. Since signature loans don’t require a cosigner, these loans generally need improved credit, as high as 791
Installment loan for Dierdre, a graduate of University of Saint Mary and a petroleum engineer working for over $60,000 per year
Dierdre, an alumnus at University of Saint Mary and a petroleum engineer in Woodhaven, New York wants an auto loan to purchase a new cell phone. Dierdre has instead chosen to get an installment loan for $28,000 and is currently seeking lenders like Trade Bank and Trust Company to process their request.
Paraphrased and Standardized Quote from Dierdre for this auto loan of $72000, provided by Community Federal Savings Bank
Hello, I am Dierdre and my hometown is Woodhaven in New York. Queens, county is where I grew up, and now I need a auto loan in New York for $72000 to buy a big ticket item. It wasn’t easy, but Community Federal Savings Bank really came through for me with this loan for 10.6% interest APR and a term of 14 years. I can probably repay the loan over the 14 year term, including interest. A big thanks to Community Federal Savings Bank for trusting me and my good credit. It look me 9 years to create my credit to 611, and I won’t tarnish it any more. I am pleased with Find Texas Loans for helping me this far.
- Full name (Changed if requested): Dierdre Leesmann
- Current Credit: loans.hit.utils.Fico@65b3120a
- Current City: Woodhaven
- State: New York
- Zip code: 11428
- Yearly income: $50,000
- Current Job: petroleum engineer
- Current County: Queens
- Goal Yearly Income: $111,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $1000
Dierdre’s Transunion score was altered by the auto loan loan, changing to 599 from 611, which is typical in our experience.
Contact Details for Community Federal Savings Bank, the provider of this auto loan
- Community Federal Savings Bank
- City: Woodhaven
- State: New York
- Address: 89-07 Jamaica Avenue
- County: Queens
- Zip code: 11421
Conclusion of Dierdre’s auto loan
In the end, Dierdre was able to find an auto loan for $72000 with an interest rate of 5.2% interest APR from Community Federal Savings Bank in Woodhaven, New York repayable over 14 years from today.