$39000 Private Loan – San Jose California, Credit Rating Of 328
- Experian: 347 – This client had a terrible Experian rating
- Transunion: 314 – Lourie had a terrible credit score with Transunion.
- Equifax: Lourie’s Experian score was 328, which is a terrible credit rating with the Experian scale.
Previous requests on Lourie’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$76440.00||3||6.4%||$2339.33||Santa Monica Bank||October 5, 2011|
|$75660.00||4||9.3%||$1893.6||Farmers and Merchants Bank of Long Beach||April 29, 2012|
|$76130.00||9||5.1%||$880.49||First Interstate Bank of California||September 5, 2013|
|$76230.00||11||6.7%||$817.76||Union Bank||November 20, 2014|
Fast Loans for Lourie in San Jose, California to prevent bankruptcy or broken legs from debt collectors.
Fast loans in San Jose, California aren’t actually that difficult to obtain, particularly if you have some finesse like Lourie. Lourie was able to find a fast loan for $39000 from Citizens Commercial Trust and Savings Bank of Pasadena and Farmers & Merchants Bank of Central California, but turned down both offers in favor of their private loan from California Business Bank, National Association. The improvement with a fast loan over a installment loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 6 weeks for personal loans. Much better if a borrower is in a time sensitive situation.
- Full name (Changed if requested): Lourie French
- Current Credit: loans.hit.utils.Fico@12edcd21
- Current City: San Jose
- State: California
- Zip code: 95120
- Yearly income: $47,000
- Current Job: customer service representative
- Current County: Santa Clara
- Goal Yearly Income: $101,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $2000
Paraphrased and Standardized Quote from Lourie for this private loan of $39000, provided by California Business Bank, National Association
Hi, I am Lourie and my hometown is San Jose in California. Santa Clara, county is where I grew up, and now I need a private loan in California for $39000 to renovate my home. It wasn’t easy, but California Business Bank, National Association really came through for me with this loan for 8.1% interest APR and a term of 8 years. I can repay the loan over the 8 year term, including interest. A big thanks to California Business Bank, National Association for trusting me and my terrible credit. It look me 4 years to create my credit to 328, and I won’t tarnish it any future. I’m happy with Find Texas Loans for assisting me this far.
Lourie has a low current gross income, but has a high number of prospects
Lourie has always wanted to be an english language and literature professor, but would have to attend California Southern University again to become one. Lourie has other possibilities as well, including adjustment clerk, funds development administrator, and veterinary assistant, which pay $51,000 through to $98,000 per year, on average. For this reason, we believe that Lourie can afford this private loan of $39000.
Personal Loan for a customer service representative named Lourie in San Jose, California to Pay Off Taleris Credit Union Secured Visa Card
Lourie had a tonne of credit card debt on their Commerce Bank Miles Credit Card and their Ballston Spa Natl Bank VISA Platinum Rewards Credit Card, and they were starting to get in over their heads. Despite Lourie’s job as a customer service representative, they struggled to make payments on the $27,000.00 credit card balance, badly needing assistance in the form of a personal loan.
Signature Loan easily acquired in San Jose, California for $39000 with terrible credit by Lourie
A lot of clients have difficulty with finding signature loans in San Jose, California, and Lourie is no exception. Lourie went to 7 lenders or more before settling on California Business Bank, National Association, who offered Lourie a signature loan for $39000. Most signature loans simply need a client, like Lourie’s signature to obtain them, up to $43,000 in some cases. Lourie was able to get $39000 as a private loan, which is very high for a private loan. Since signature loans don’t require collateral, these loans tend to require improved credit, as high as 714
Lourie was declined by Santa Monica Bank 5 times before being accepted by California Business Bank, National Association at 95 South Market Street
On April 9, 2012, Lourie applied about borrowing $22,000 from Farmers & Merchants Bank of Central California with Fiona, their friend from just outside San Jose, and even with the co-signer, Lourie was rejected for this private loan. With terrible credit, it can be difficult to procure financing, even with collateral and a co-signer.
Debt Consolidation Can Assist Any Highly Indebted Borrower to Escape Bad Debts like Payday Loans
Average debt consolidation loans range from $38,000.00 to $58,000.00. They are mainly used to pay off existing high interest loans like credit cards. Lourie needed a debt consolidation loan to pay for their existing private loan and their payday loan. Lourie was able to find a private loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing method which transfers your dirty, catastrophically high interest loans to a single lower interest loan. Debt consolidation loans generally have interest rates that are low, like 3.1%.
Several other requests for credit have been made by Lourie in the past, including one from Coast Federal Savings and Loan Association in San Jose, California before Lourie was accepted for the $39000 by California Business Bank, National Association
Lourie made 8 prior attempts to obtain a private loan, 2 of which were with Coast Federal Savings and Loan Association, a lender in San Jose, California known to specialize in private loans specifically. Before finding California Business Bank, National Association, Lourie was concerned due to their inexperience and terrible credit rating.
Lourie’s Transunion score was changed by the private loan loan, changing to 314 from 328, which is normal in our experience.
Installment loan for Lourie, a graduate of California Southern University and a customer service representative working for over $66,000 per year
Lourie, an alumnus at California Southern University and a customer service representative in San Jose, California needs a private loan to purchase something frivolous. Lourie has instead decided to obtain an installment loan for $11,000 and is at present seeking lenders like Central Bank to process their request.
Contact Details for California Business Bank, National Association, the provider of this private loan
- California Business Bank, National Association
- City: San Jose
- State: California
- Address: 95 South Market Street
- County: Santa Clara
- Zip code: 95113
Before applying for this private loan, Lourie had an Experian score of 347, which is terrible, so California Business Bank, National Association most likely cannot provide Lourie a private loan
8 Months in the Past, Lourie Tried to Find a High Risk Loan for $41,000.00, and it was Hard
It is an well known struggle for clients to get high risk loans in a safe way. Many high risk loans end up coming from loan sharks or similar lenders, which can be physically harmful to borrowers like Lourie. Lourie chose not to get a high risk loan this time. High Risk loans are given to terrible credit borrowers. Individuals with credit ratings as low as 473 can inquire for a high risk loan and may be be approved.
When Lourie was 21, they tried to obtain a student loan from 4 alternate lenders, which damaged their credit score. Below is a chronology of Lourie’s previous attempts at finding a student loan:
- Attempt 1) Loan for $21,000.00 on October 6, 2010
- Attempt 2) Loan for $25,000.00 on April 26, 2009
- Attempt 3) Loan for $23,000.00 on March 24, 2012
- Attempt 4) Loan for $24,000.00 on March 4, 2014
Lourie’s Overall FICO score at the time of acceptance for a private loan, taking into account their customer service representative job and their future career as an english language and literature professor
Conclusion of Lourie’s private loan
In the end, Lourie was able to find a private loan for $39000 with an interest rate of 7.7% interest APR from California Business Bank, National Association in San Jose, California repayable over 8 years from now.