$12000 Signature Loan – Lake Forest Illinois, Credit Rating Of 398
- Experian: 411 – The client had a terrible Experian score
- Transunion: 385 – Evangeline had a terrible credit rating with Transunion.
- Equifax: Evangeline’s Experian score was 398, which is a terrible credit score on the Experian scale.
Personal Loan for a dermatologist named Evangeline in Lake Forest, Illinois to Pay Off McCoy’s Building Supply Credit Card
Evangeline had a lot of credit card debt on their Amalgamated Bank MasterCard Union Plus and their Riverview Community Bank Visa Platinum Card, and they were starting to get in over their heads. Despite Evangeline’s job as a dermatologist, they struggled to make payments on the $29,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
- Full name (Changed if requested): Evangeline Ketterling
- Current Credit: loans.hit.utils.Fico@45ff54e6
- Current City: Lake Forest
- State: Illinois
- Zip code: 60050
- Yearly income: $67,000
- Current Job: dermatologist
- Current County: Lake
- Goal Yearly Income: $99,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $4000
Evangeline’s Transunion score was altered by the signature loan loan, changing to 385 from 398, which is typical in our experience.
6 Months Ago, Evangeline Tried to Find a High Risk Loan for $48,000.00, and it was Easy
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 scary to borrowers like Evangeline. Evangeline chose not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to bad credit individuals. Borrowers with credit ratings as low as 470 can inquire for a high risk loan and may be be approved.
Installment loan for Evangeline, a graduate of Woodland Community College and a dermatologist working for over $77,000 per year
Evangeline, an alumnus at Woodland Community College and a dermatologist in Lake Forest, Illinois needs a signature loan to purchase a car. Evangeline has instead decided to obtain an installment loan for $16,000 and is currently seeking lenders like The Belvidere National Bank and Trust Company to process their request.
When Evangeline was 18, they tried to obtain a student loan from 4 different lenders, which harmed their credit rating. Below is a chronology of Evangeline’s previous attempts at finding a student loan:
- Attempt 1) Loan for $36,000.00 on April 9, 2009
- Attempt 2) Loan for $24,000.00 on June 7, 2009
- Attempt 3) Loan for $33,000.00 on November 7, 2008
- Attempt 4) Loan for $24,000.00 on November 15, 2009
Debt Consolidation Can Assist Any Deeply Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans vary from $27,000.00 to $49,000.00. They are normally used to pay off existing high interest loans like credit cards. Evangeline needed a debt consolidation loan to pay for their existing signature loan and their credit card. Evangeline was able to find a signature loan in the end. Debt consolidation, or just consolidation, is a tactic in the debt snowball method which changes your less desirable, catastrophically high interest loans to one lower interest loan. Debt consolidation loans generally have interest rates that are low, like 3.1%.
Contact Details for Baytree National Bank & Trust Company, the provider of this signature loan
- Baytree National Bank & Trust Company
- City: Lake Forest
- State: Illinois
- Address: 664 N. Western Avenue
- County: Lake
- Zip code: 60045
Evangeline was rejected by LaSalle Bank NI 5 times before being granted funding by Baytree National Bank & Trust Company at 664 N. Western Avenue
On October 25, 2009, Evangeline inquired about borrowing $17,000 from Drexel National Bank with Francene, their friend from just outside Lake Forest, and even with the co-signer, Evangeline was rejected for this signature loan. With terrible credit, it can be a challenge to obtain funding, even with collateral and a co-signer.
Several previous requests for credit have been made by Evangeline in the past, including one from Citizens State Bank in Lake Forest, Illinois before Evangeline was accepted for the $12000 by Baytree National Bank & Trust Company
Evangeline made 5 prior attempts to obtain a signature loan, 2 of which were with Citizens State Bank, a lender in Lake Forest, Illinois known to specialize in signature loans specifically. Prior to finding Baytree National Bank & Trust Company, Evangeline was concerned due to their inexperience and terrible credit score.
Before applying for this signature loan, Evangeline had an Experian score of 411, which is terrible, so Baytree National Bank & Trust Company likely cannot provide Evangeline a signature loan
Evangeline has a very low current gross income, but has a large amount of prospects
Evangeline has always wanted to be an account collector, but would need attend Woodland Community College again to achieve it. Evangeline has other possibilities as well, including airline flight operations administrator, fraud investigator, and radio & tv newscaster, which pay $58,000 through to $90,000 per year, on average. Because of this, we think that Evangeline can pay for this signature loan of $12000.
Signature Loan acquired in Lake Forest, Illinois for $12000 with terrible credit by Evangeline
Most clients struggle with finding signature loans in Lake Forest, Illinois, and Evangeline is no different. Evangeline went to 5 lending institutions or more before settling on Baytree National Bank & Trust Company, who offered Evangeline a signature loan for $12000. Most signature loans simply need a client, like Evangeline’s signature to obtain them, up to $32,000 in some cases. Evangeline was able to get $12000 as a signature loan, which is very high for a signature loan. Since signature loans do not need a cosigner, they tend to need improved credit, as high as 763
Fast Loans for Evangeline in Lake Forest, Illinois to prevent bankruptcy or harm from debt collectors.
Fast loans in Lake Forest, Illinois aren’t actually that difficult to obtain, particularly if you have some gumption like Evangeline. Evangeline was able to find a fast loan for $12000 from The National Republic Bank of Chicago and Central National Bank of Mattoon, but turned down both offers in favor of their signature loan from Baytree National Bank & Trust Company. The improvement with a fast loan over a debt consolidation loan is in speed. Fast loans usually are processed within 1 – 3 weeks, versus up to 7 weeks for personal loans. An improvement in the case that a borrower is in a pinch.
Evangeline’s Overall FICO score at the time of acceptance for a signature loan, taking into account their dermatologist job and their future job as an account collector
Paraphrased and Standardized Quote from Evangeline for this signature loan of $12000, provided by Baytree National Bank & Trust Company
Hello, I am Evangeline and I’m from Lake Forest in Illinois. Lake, county is where I grew up, and now I need a signature loan in Illinois for $12000 to buy a car. It has been difficult, but Baytree National Bank & Trust Company really came through for me with this loan for 10.5% interest APR and a term of 3 years. I can probably repay the loan over the 3 year term, including interest. A big thanks to Baytree National Bank & Trust Company for giving me a chance and my terrible credit. It look me 7 years to build my credit to 398, and I won’t harm it any more. I am pleased with Find Texas Loans for assisting me this far.
Previous requests on Evangeline’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$53230.00||5||8.2%||$1084.41||The Gerber State Bank||October 17, 2013|
|$53460.00||5||8.4%||$1094.24||The Belvidere National Bank and Trust Company||November 22, 2013|
|$53150.00||5||8.7%||$1095.58||Commerce Bank||September 30, 2014|
|$52690.00||8||10.3%||$807.92||Byron Bank||November 26, 2014|
|$53110.00||6||6.7%||$897.84||Amalgamated Bank of Chicago||February 18, 2015|
Conclusion of Evangeline’s signature loan
In the end, Evangeline was able to find a signature loan for $12000 with an interest rate of 8.5% interest APR from Baytree National Bank & Trust Company in Lake Forest, Illinois repayable over 3 years from now.