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Emergency Loan For $50000 Near 30217, Georgia With A Credit Score Of 474

$50000 Emergency Loan – Franklin Georgia, Credit Rating Of 474

  • Experian: 492 – They had a bad Experian score
  • Transunion: 456 – Hal had a bad credit score with Transunion.
  • Equifax: Hal’s Experian score was 474, which is a bad credit rating on the Experian system.

Hal was rejected by Habersham Bank 6 times before being accepted by First Georgia Banking Company at 101 Main Street

On November 11, 2009, Hal applied about borrowing $32,000 from First National Bank of Griffin with Huey, their in law from just outside Franklin, and even with the co-signer, Hal was rejected for this emergency loan. With bad credit, it can be a challenge to procure funding, even with collateral and a co-signer.

Debt Consolidation Will Assist Any Highly Indebted Borrower to Escape Bad Debts like Loan Sharks

Average debt consolidation loans range from $30,000.00 to $57,000.00. They are normally used to pay off existing high interest loans like credit cards. Hal required a debt consolidation loan to pay for their existing emergency loan and their loan shark loan. Hal was able to find a emergency loan in the end. Debt consolidation, or just 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%.

9 Months in the Past, Hal Attempted to Find a High Risk Loan for $27,000.00, but They Didn’t Find What They were Expecting

There is an well known struggle for clients to get high risk loans in a safe way. Many high risk loans end up originating loan sharks or the like, which can be physically harmful to borrowers like Hal. Hal decided not to get a high risk loan this time. High Risk loans are generally given by lenders to terrible credit borrowers. Borrowers with credit ratings as low as 335 can apply for a high risk loan and may be be accepted.

Hal’s Transunion score was changed by the emergency loan loan, changing to 456 from 474, which is normal in our experience.

Transunion Score: 456

Installment loan for Hal, a graduate of University of Hawaii at Manoa and an office machine mechanic working for over $63,000 per year

Hal, an alumnus at University of Hawaii at Manoa and an office machine mechanic in Franklin, Georgia needs an emergency loan to purchase a new cell phone. Hal has instead decided to obtain an installment loan for $11,000 and is at present seeking lenders like 1st Community Bank to provide it.

Hal has a sad current gross income, but has several of prospects

Hal has always wanted to be a sociology professor, but would need attend University of Hawaii at Manoa again to achieve it. Hal has other prospects as well, including physical therapist, hazardous waste management analyst, and petroleum refinery operator, which pay $58,000 through to $106,000 per year, at least. For this reason, we think that Hal can afford this emergency loan of $50000.

Fast Loans for Hal in Franklin, Georgia to prevent bankruptcy or harm from debt collectors.

Fast loans in Franklin, Georgia aren’t actually that difficult to obtain, especially if you have some finesse like Hal. Hal was able to find a fast loan for $50000 from The Citizens Bank and Bank of Hazlehurst, but turned down both offers in favor of their emergency loan from First Georgia Banking Company. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 7 weeks for installment loans. Much better if a client is in a time sensitive situation.

Many other requests for credit have been made by Hal in the past, including one from BMO Harris Central National Association in Franklin, Georgia before Hal was accepted for the $50000 by First Georgia Banking Company

Hal made 7 previous attempts to obtain an emergency loan, 2 of which were with BMO Harris Central National Association, a bank in Franklin, Georgia known to specialize in emergency loans specifically. Prior to finding First Georgia Banking Company, Hal was desperate due to their inexperience and bad credit rating.

Paraphrased and Standardized Quote from Hal for this emergency loan of $50000, provided by First Georgia Banking Company

Hi, I am Hal and my hometown is Franklin in Georgia. Heard, county is where I grew up, and now I need a emergency loan in Georgia for $50000 to buy a car. It wasn’t easy, but First Georgia Banking Company really came through for me with this loan for 10.5% interest APR and a term of 9 years. I will repay the loan over the 9 year term, including interest. A big thanks to First Georgia Banking Company for trusting me and my bad credit. It look me 4 years to create my credit to 474, and I won’t tarnish it any more. I’m pleased with Find Texas Loans for helping me this far.

Signature Loan found in Franklin, Georgia for $50000 with bad credit by Hal

Many prospective borrowers struggle with finding signature loans in Franklin, Georgia, and Hal is no exception. Hal went to 7 lending institutions or more before finding First Georgia Banking Company, who offered Hal a signature loan for $50000. Most signature loans simply need a client, like Hal’s signature to get them, up to $43,000 in some cases. Hal was able to get $50000 as a emergency loan, which is very high for an emergency loan. Since signature loans do not require a cosigner, they generally need higher credit, as high as 728

Before applying for this emergency loan, Hal had an Experian score of 492, which is bad, so First Georgia Banking Company probably can provide Hal an emergency loan

Experian Score: 492

When Hal was 18, they tried to obtain a student loan from 4 alternate banks, which harmed their credit rating. Below is a list of Hal’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $35,000.00 on September 6, 2010
  • Attempt 2) Loan for $37,000.00 on September 3, 2009
  • Attempt 3) Loan for $27,000.00 on March 18, 2013
  • Attempt 4) Loan for $37,000.00 on May 25, 2009
Client Profile: Hal Detoma of Franklin, Georgia
  • Full name (Changed if requested): Hal Detoma
  • Current Credit: loans.hit.utils.Fico@4edde6e5
  • Current City: Franklin
  • State: Georgia
  • Zip code: 30220
  • Yearly income: $65,000
  • Current Job: office machine mechanic
  • Current County: Heard
  • Goal Yearly Income: $143,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $6000

Hal’s Overall FICO score at the time of acceptance for an emergency loan, taking into account their office machine mechanic job and their future job as a sociology professor

Fico Score: 474

Previous requests on Hal’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$108700.00 8 11.1% $1713.37 NationsBank of Florida, National Association December 26, 2009
$109380.00 8 5.2% $1395.18 Century Bank and Trust August 27, 2010
$109240.00 10 5.1% $1164.01 Bank of Madison September 12, 2012
$109350.00 10 7.5% $1298.0 Bank of Hazlehurst May 15, 2013

Personal Loan for an office machine mechanic named Hal in Franklin, Georgia to Pay Off First American Bank Credit Cards

Hal had a lot of credit card debt on their Berkshire Municipal Bank Secured Visa Card and their Budweiser Specialty Rewards Visa Platinum Card, and they were starting to get in over their heads. Despite Hal’s job as an office machine mechanic, they struggled to make payments on the $22,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Contact Details for First Georgia Banking Company, the provider of this emergency loan

  • First Georgia Banking Company
  • City: Franklin
  • State: Georgia
  • Address: 101 Main Street
  • County: Heard
  • Zip code: 30217

Conclusion of Hal’s emergency loan

In the end, Hal was able to find an emergency loan for $50000 with an interest rate of 11.5% interest APR from First Georgia Banking Company in Franklin, Georgia repayable over 9 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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