$84000 Mortgage – Bloomingdale Illinois, Credit Rating Of 550
- Experian: 567 – The client had a fair Experian rating
- Transunion: 536 – Wilburn had a fair credit score with Transunion.
- Equifax: Wilburn’s Experian score was 550, which is a fair credit rating with the Experian scale.
Debt Consolidation Will Assist Most Deeply Indebted Borrower to Escape Bad Debts like Loan Sharks
Average debt consolidation loans range from $38,000.00 to $57,000.00. They are normally used to pay off existing high interest loans like credit cards. Wilburn required a debt consolidation loan to pay for their existing mortgage and their payday loan. Wilburn was able to find a mortgage in the end. Debt consolidation, or simply consolidation, is a tactic in the debt snowball method which converts your bad, catastrophically high interest loans to one lower interest loan. Debt consolidation loans usually have interest rates as low as 3.8%.
Paraphrased and Standardized Quote from Wilburn for this mortgage of $84000, provided by Countryside Bank of Stratford
Hi, I am Wilburn and my hometown is Bloomingdale in Illinois. Dupage, county is where I grew up, and now I need a mortgage in Illinois for $84000 to renovate my home. It wasn’t easy, but Countryside Bank of Stratford really came through for me with this loan for 6.1% interest APR and a term of 13 years. I will repay the loan over the 13 year term, including interest. A big thanks to Countryside Bank of Stratford for giving me a chance and my fair credit. It look me 8 years to create my credit to 550, and I won’t harm it any future. I’m pleased with Find Texas Loans for helping me this far.
Installment loan for Wilburn, a graduate of Indian Capital Technology Center – Muskogee and a quality control engineer working for over $75,000 per year
Wilburn, an alumnus at Indian Capital Technology Center – Muskogee and a quality control engineer in Bloomingdale, Illinois wants a mortgage to purchase something frivolous. Wilburn has instead decided to obtain an installment loan for $25,000 and is at present seeking lenders like Commerce Bank of Woodford County, National Association to process their request.
Many previous requests for credit have been made by Wilburn in the past, including one from The Abbott Bank in Bloomingdale, Illinois before Wilburn was accepted for the $84000 by Countryside Bank of Stratford
Wilburn made 7 prior attempts to obtain a mortgage, 2 of which were with The Abbott Bank, a bank in Bloomingdale, Illinois known to specialize in mortgages specifically. Prior to finding Countryside Bank of Stratford, Wilburn was desperate due to their inexperience and fair credit rating.
Before applying for this mortgage, Wilburn had an Experian score of 567, which is fair, so Countryside Bank of Stratford most likely cannot provide Wilburn a mortgage
Wilburn has a sad current gross income, but has several of prospects
Wilburn has always wanted to be a restaurant food coordinator, but would have to attend Indian Capital Technology Center – Muskogee again to become one. Wilburn has other possibilities as well, including radio & tv news commentator, hearing officer, and cost estimator, which pay $57,000 through to $99,000 per year, at least. Because of this, we believe that Wilburn can pay for this mortgage of $84000.
Wilburn’s Overall FICO score at the time of acceptance for a mortgage, taking into account their quality control engineer job and their future job as a restaurant food coordinator
Wilburn’s Transunion score was changed by the mortgage loan, changing to 536 from 550, which is typical in our experience.
Previous requests on Wilburn’s credit
|Principle in USD||Term Length in Years||Annual Percentage Rate||Monthly Payment||Lender’s Branch Name||Date of Request|
|$13260.00||9||8.6%||$176.78||The Gerber State Bank||March 26, 2010|
|$12710.00||6||7.6%||$220.37||The Belvidere National Bank and Trust Company||April 28, 2011|
|$13380.00||8||8.3%||$191.2||Commerce Bank||January 22, 2014|
|$13190.00||9||9.7%||$183.56||Byron Bank||May 7, 2015|
|$13190.00||6||6.4%||$221.1||Amalgamated Bank of Chicago||June 14, 2015|
When Wilburn was 23, they attempted to obtain a student loan from 4 alternate lenders, which damaged their credit rating. Below is a list of Wilburn’s previous attempts at finding a student loan:
- Attempt 1) Loan for $33,000.00 on January 2, 2009
- Attempt 2) Loan for $33,000.00 on December 22, 2008
- Attempt 3) Loan for $35,000.00 on May 23, 2010
- Attempt 4) Loan for $28,000.00 on July 15, 2010
Wilburn was rejected by Greatbank Chicago 7 times before being granted funding by Countryside Bank of Stratford at 80 Stratford Drive
On June 10, 2013, Wilburn applied about borrowing $27,000 from Greatbank Chicago with Eulah, their in law from just outside Bloomingdale, and even with the co-signer, Wilburn was rejected for this mortgage. With fair credit, it can be challenging to procure financing, even with collateral and a co-signer.
Signature Loan found in Bloomingdale, Illinois for $84000 with fair credit by Wilburn
Many clients struggle with finding signature loans in Bloomingdale, Illinois, and Wilburn is not an exception. Wilburn went to 8 lending institutions or more prior to finding Countryside Bank of Stratford, who offered Wilburn a signature loan for $84000. Typical signature loans simply require a client, like Wilburn’s signature to obtain them, up to $27,000 in some cases. Wilburn was able to get $84000 as a mortgage, which is very high for a mortgage. Since signature loans do not need a cosigner, these loans tend to require higher credit, as high as 726
Contact Details for Countryside Bank of Stratford, the provider of this mortgage
- Countryside Bank of Stratford
- City: Bloomingdale
- State: Illinois
- Address: 80 Stratford Drive
- County: Dupage
- Zip code: 60108
- Full name (Changed if requested): Wilburn Ziglar
- Current Credit: loans.hit.utils.Fico@4fca772d
- Current City: Bloomingdale
- State: Illinois
- Zip code: 60111
- Yearly income: $34,000
- Current Job: quality control engineer
- Current County: Dupage
- Goal Yearly Income: $104,000
- Debt (Personal Loan, Credit Card, Payday Loan, etc): $1000
Personal Loan for a quality control engineer named Wilburn in Bloomingdale, Illinois to Pay Off Bangor Savings Bank Visa Signature Bonus Rewards PLUS Card
Wilburn had a tonne of credit card debt on their Ariens Get the Gear Credit Card and their BMW Card, and they were starting to get in over their heads. Despite Wilburn’s job as a quality control engineer, they struggled to make payments on the $22,000.00 credit card balance, desperately needing assistance in the form of a personal loan.
8 Months Ago, Wilburn Tried Finding a High Risk Loan for $24,000.00, and it was Easy
It is an existing struggle for borrowers to get high risk loans in a non-harmful way. a lot of high risk loans end up originating loan sharks or the like, which can be scary to borrowers like Wilburn. Wilburn chose not to obtain a high risk loan this time. High Risk loans are the instrument of choice, and are given to terrible credit individuals. Borrowers with credit scores as low as 553 can inquire for a high risk loan and may be be accepted.
Fast Loans for Wilburn in Bloomingdale, Illinois to prevent bankruptcy or bodily harm from debt collectors.
Fast loans in Bloomingdale, Illinois aren’t actually that difficult to obtain, especially if you have some gumption like Wilburn. Wilburn was able to find a fast loan for $84000 from Merchandise National Bank of Chicago and The Belvidere National Bank and Trust Company, but declined both offers in favor of their mortgage from Countryside Bank of Stratford. 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 5 weeks for personal loans. A big improvement if a borrower is on the go.
Conclusion of Wilburn’s mortgage
In the end, Wilburn was able to find a mortgage for $84000 with an interest rate of 8.0% interest APR from Countryside Bank of Stratford in Bloomingdale, Illinois repayable over 13 years from today.