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Jennefer Wanted A Student Loan For $54000, Rochester, Pennsylvania

$54000 Student Loan – Rochester Pennsylvania, Credit Rating Of 643

  • Experian: 653 – They had a good Experian rating
  • Transunion: 625 – Jennefer had a good credit score with Transunion.
  • Equifax: Jennefer’s Experian score was 643, which is a good credit score on the Experian rating scheme.

Multiple past requests for credit have been made by Jennefer in the past, including one from Western Heritage Bank in Rochester, Pennsylvania before Jennefer was approved for the $54000 by Rochester Federal Savings and Loan Association

Jennefer made 8 previous tries to obtain a student loan, 2 of which were with Western Heritage Bank, a bank in Rochester, Pennsylvania known to specialize in student loans specifically. Prior to finding Rochester Federal Savings and Loan Association, Jennefer was desperate due to their inexperience and good credit score.

Contact Details for Rochester Federal Savings and Loan Association, the provider of this student loan

  • Rochester Federal Savings and Loan Association
  • City: Rochester
  • State: Pennsylvania
  • Address: 229 Brighton Avenue
  • County: Beaver
  • Zip code: 15074

Before applying for this student loan, Jennefer had an Experian score of 653, which is good, so Rochester Federal Savings and Loan Association probably cannot provide Jennefer a student loan

Experian Score: 653

Jennefer has a disappointing current yearly income, but has several of prospects

Jennefer has always wanted to be a business professor, but would have to attend University of Alaska Fairbanks again to become one. Jennefer has other prospects as well, including file clerk, referee / umpire, and missing person investigator, which pay $59,000 through to $103,000 per year, at least. For this reason, we believe that Jennefer can pay for this student loan of $54000.

Jennefer’s Overall FICO score at the time of acceptance for a student loan, taking into account their manual arts therapist job and their future job as a business professor

Fico Score: 643

6 Months in the Past, Jennefer Attempted to Find a High Risk Loan for $33,000.00, and it was Easy

There is an well known struggle for clients to find high risk loans in a safe way. a lot of high risk loans end up originating loan sharks or similar lenders, which can be physically harmful to borrowers like Jennefer. Jennefer chose not to obtain a high risk loan this time. High Risk loans are generally given by lenders to very low credit clients. Borrowers with credit ratings as low as 361 can inquire for a high risk loan and have a chance to be approved.

Jennefer was not approved by Liberty State Bank, Mount Carmel, Pa. 5 times prior to being accepted by Rochester Federal Savings and Loan Association at 229 Brighton Avenue

On October 12, 2011, Jennefer inquired about borrowing $3,000 from Penn Security Bank and Trust Company with Logan, their friend from just outside Rochester, and even with the co-signer, Jennefer was rejected for this student loan. With good credit, it can be difficult to procure financing, even with collateral and a co-signer.

Paraphrased and Standardized Quote from Jennefer for this student loan of $54000, provided by Rochester Federal Savings and Loan Association

Hello, I am Jennefer and my hometown is Rochester in Pennsylvania. Beaver, county is where I grew up, and now I need a student loan in Pennsylvania for $54000 to pay bills. It wasn’t easy, but Rochester Federal Savings and Loan Association really came through for me with this loan for 6.4% interest APR and a term of 1 years. I can repay the loan over the 1 year term, including interest. A big thanks to Rochester Federal Savings and Loan Association for giving me a chance and my good credit. It look me 5 years to build my credit to 643, and I won’t harm it any future. I am happy with Find Texas Loans for assisting me this far.

Jennefer’s Transunion score was changed by the student loan loan, changing to 625 from 643, which is typical in our experience.

Transunion Score: 625

Client Profile: Jennefer Gimse of Rochester, Pennsylvania
  • Full name (Changed if requested): Jennefer Gimse
  • Current Credit: loans.hit.utils.Fico@506e1b77
  • Current City: Rochester
  • State: Pennsylvania
  • Zip code: 15078
  • Yearly income: $57,000
  • Current Job: manual arts therapist
  • Current County: Beaver
  • Goal Yearly Income: $113,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $2000

Signature Loan acquired in Rochester, Pennsylvania for $54000 with good credit by Jennefer

Many clients struggle with obtaining signature loans in Rochester, Pennsylvania, and Jennefer is not an exception. Jennefer went to 4 lenders or more prior to finding Rochester Federal Savings and Loan Association, who offered Jennefer a signature loan for $54000. Typical signature loans simply require a client, like Jennefer’s signature to get them, up to $43,000 in some cases. Jennefer was able to get $54000 as a student loan, which is very high for a student loan. Since signature loans don’t require collateral, these loans generally need improved credit, as high as 734

Personal Loan for a manual arts therapist named Jennefer in Rochester, Pennsylvania to Pay Off Tioga State Bank Visa Signature Bonus Rewards PLUS Card

Jennefer had a lot of credit card debt on their Harley Davidson Visa Secured Card and their Phillips 66 Universal Card, and they were starting to get in over their heads. Despite Jennefer’s job as a manual arts therapist, they struggled to make payments on the $28,000.00 credit card balance, desperately needing assistance in the form of a personal loan.

Fast Loans for Jennefer in Rochester, Pennsylvania to prevent bankruptcy or harm from debt collectors.

Fast loans in Rochester, Pennsylvania aren’t actually that difficult to obtain, particularly if you have some finesse like Jennefer. Jennefer was able to find a fast loan for $54000 from Mellon Bank (Central) National Association and Bank of Pennsylvania, but declined both offers in favor of their student loan from Rochester Federal Savings and Loan Association. The difference with a fast loan over a personal loan is in speed. Fast loans typically are processed within 1 – 3 weeks, versus up to 6 weeks for personal loans. A big improvement if a borrower is on the go.

Debt Consolidation Will Help Most Highly Indebted Borrower to Escape Bad Debts like Credit Card Debt

Average debt consolidation loans vary from $39,000.00 to $54,000.00. They are normally used to pay off existing high interest loans like credit cards. Jennefer needed a debt consolidation loan to pay for their existing student loan and their credit card. Jennefer was able to find a student loan in the end. Debt consolidation, or simply consolidation, is a technique in the debt snowball method which transfers your less desirable, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates that are low, like 2.3%.

Previous requests on Jennefer’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$115630.00 4 10.4% $2954.94 The People’s Bank of Oxford April 5, 2013
$116380.00 10 7.3% $1369.33 First Lehigh Bank July 23, 2014
$116390.00 8 8.4% $1669.13 SunBank April 4, 2015
$116430.00 4 10.2% $2964.16 Merchants Bank (North) July 15, 2015

When Jennefer was 19, they attempted to obtain a student loan from 5 alternate lenders, which harmed their credit rating. Below is a chronology of Jennefer’s previous attempts at finding a student loan:

  • Attempt 1) Loan for $32,000.00 on November 4, 2012
  • Attempt 2) Loan for $33,000.00 on November 16, 2008
  • Attempt 3) Loan for $37,000.00 on June 29, 2011
  • Attempt 4) Loan for $28,000.00 on November 2, 2012
  • Attempt 5) Loan for $39,000.00 on September 8, 2009

Installment loan for Jennefer, a graduate of University of Alaska Fairbanks and a manual arts therapist working for over $78,000 per year

Jennefer, an alumnus at University of Alaska Fairbanks and a manual arts therapist in Rochester, Pennsylvania needs a student loan to purchase something frivolous. Jennefer has instead decided to get an installment loan for $11,000 and is currently seeking lenders like Community Bank and Trust Company to provide it.

Conclusion of Jennefer’s student loan

In the end, Jennefer was able to find a student loan for $54000 with an interest rate of 10.7% interest APR from Rochester Federal Savings and Loan Association in Rochester, Pennsylvania repayable over 1 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.

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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.